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Tesla's Event-Filled Shareholder Meeting, Toyota On Damage-Control Mode, Lucid Comes Up Short, Romeo Finds Suitor And More: Week's Biggest EV Stories

Benzinga

Here are the key events that happened in the EV space during the week: Tesla’s Shareholder Meeting: Tesla conducted its annual shareholder meeting this week at its Giga Austin facility, which was held as a hybrid event. The company later confirmed that the split will be implemented in the form of a stock dividend, payable on Aug.

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The Effect of Board Independence on Dividend Payouts

Reynolds Holding

In a new paper, we use agency theory to explore the effect of board independence on dividend policy. Dividends serve as a governance mechanism to mitigate agency conflicts, reducing free cash flows, which managers may exploit for personal gain rather than using them to maximize shareholder wealth.

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SEC Finalizes New Clawback Rules

Harvard Corporate Governance

stock splits, stock dividends, etc.). The final rule also requires national exchanges to prohibit the listing of any security of an issuer that does not develop and implement a clawback policy that complies with the new rule. . – Excludes “out of period” adjustments (corrections of immaterial errors recorded in the current period).

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When Do Disguised Dividends Add Up to Minority Shareholder Oppression?

Farrel Fritz

De facto dividend. Disguised dividend. Constructive dividend. The tax laws thus provide no small incentive for owners of closely held companies to pay themselves, shall we say, generous compensation in lieu of declaring and paying dividends.

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JetBlue Won't Take No For An Answer, Makes Another Bid For Spirit Airlines

Benzinga

per share, structured as a cash dividend to Spirit shareholders promptly following the Spirit shareholder vote approving the combination between Spirit and JetBlue (subject to CARES Act limitations).” ” Hayes insisted the upgraded offer results in a “superior all-cash price of at least $33.50

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Orange Has Juice: A Pending Masmovil Deal Is 'Most Anticipated Event This Year,' Analyst Says

Benzinga

The stock is among the few in the wider European telecom sector that captures all the elements that investors favor, including “improving competitive trends; a path to lower investment needs; in-market consolidation opportunities; infra ownership; and a route to growing dividend returns,” according to BofA Securities.

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Update On Cannabis M&A: Aurora, TerrAscend, SNDL, Curaleaf, And… A Costly Preferred Stock Raise?

Benzinga

(NASDAQ: CRBLF) and Four20 Pharma stands out from the rest, because it could have the greatest long term strategic implications “especially if Curaleaf international goes for a NASDAQ listing (in the event US MSOs do not have a line of sight on listing themselves).” the current market price).