There are six open seats on a company's board. The total number of shares outstanding is 2,670,500 and cumulative voting will be used to fill the seats. Find the minimum number of shares an investor should own to guarantee that he will get elected to the board
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There are six open seats on a company's board. The total number of shares outstanding is...
A firm has four empty seats to fill on its board. The total number of shares outstanding is 473,000 shares and Annan owns 90,000 shares. Can Annan guarantee that he will get on the board, if cumulative voting method is used? A. No, he doesn't have enough shares to guarantee membership on the board. B. No, he needs a minimum of 99,601 shares to guarantee membership on the board. C. Yes, he owns more than enough number of shares. D....
A firm has four empty seats to fill on its board. The total number of shares outstanding is 473,000 shares and Annan owns 90,000 shares. Can Annan guarantee that he will get on the board, if cumulative voting method is used?
Russell United has 28,500 shares of stock outstanding and has two open seats on its board of directors. Each share of common stock is granted one vote. How many additional votes are required to guarantee a seat on the board if the company were to use straight voting rather than cumulative voting?
You want a seat on the board of directors of Four Keys, Inc. The company has 310,000 shares of stock outstanding and the stock sells for $49 per share. There are currently 5 seats up for election. If the company uses cumulative voting, how many shares do you need to guarantee that you will be elected to the board?
You want a seat on the board of directors of Four Keys, Inc. The company has 250,000 shares of stock outstanding and the stock sells for $51 per share. There are currently 5 seats up for election. If the company uses cumulative voting, how many shares do you need to guarantee that you will be elected to the board?
You want a seat on the board of directors of Four Keys, Inc. The company has 225,000 shares of stock outstanding and the stock sells for $66 per share. There are currently 3 seats up for election. If the company uses cumulative voting, how many shares do you need to guarantee that you will be elected to the board?
Suppose a firm has 69 million shares of common stock outstanding and eight candidates are up for election to six seats on the board of directors. a. If the firm uses cumulative voting to elect its board, what is the minimum number of votes needed to ensure election to the board? b. If the firm uses straight voting to elect its board, what is the minimum number of votes needed to ensure election to the board? (For all requirements, enter...
You want a seat on the board of directors of Zeph, Inc. The company has 315,000 shares of stock outstanding and the stock sells for $46 per share. There are currently 4 seats up for election. If the company uses cumulative voting, how much will it cost you to guarantee that you will be elected to the board?
You want a seat on the board of directors of Zeph, Inc. The company has 205,000 shares of stock outstanding and the stock sells for $78 per share. There are currently 5 seats up for election. If the company uses cumulative voting, how much will it cost you to guarantee that you will be elected to the board?
You want a seat on the board of directors of Zeph, Inc. The company has 305,000 shares of stock outstanding and the stock sells for $52 per share. There are currently 4 seats up for election. If the company uses cumulative voting, how much will it cost you to guarantee that you will be elected to the board?