Harvard Corporate Governance

OCTOBER 9, 2023

3] SHARE BUYBACK DISCLOSURES In May 2023, the SEC adopted new disclosure requirements for purchases of an issuer’s equity securities by or on behalf of the issuer or an affiliated purchaser, commonly referred to as “buybacks.” Quarterly Disclosures. The rule generally requires disclosure of five years of pay versus performance data.

Total Shareholder Return 188

Total Shareholder Return Equity Compliance Marketability 188

Reynolds Holding

NOVEMBER 30, 2023

With respect to a registrant providing initial Pay versus Performance disclosure in its 2023 proxy statement for three years (as permitted by Instruction 1 to Item 402(v) of Regulation S-K), may the registrant present the peer group total shareholder return for each of the three years using the 2022 peer group? Answer: No.

Compliance 40

Compliance Total Shareholder Return Dividends Market Capitalization 40

M&A Leadership Council

AUGUST 1, 2023

Large public companies are generally expected to link their CEO pay to total shareholder return over one to three years, whereas a new start-up will tend to focus more on sales growth. Bonus pay may be hard to align following a merger between one firm with huge bonuses and another one with none. If so, what are they?

Total Shareholder Return 52

Total Shareholder Return Mergers & Acquisitions Start-ups Equity 52

Reynolds Holding

DECEMBER 10, 2023

Part of the board’s responsibility is to ensure capital allocation decisions are made with a rationale founded in creating good long-term total shareholder returns. The board needs to manage the conflicts between the agents, the principals and indeed between the longer and shorter-term shareholders within the principals.

Dividends 45

Dividends Total Shareholder Return Corporate Finance Finance 45

Benzinga

APRIL 12, 2023

("BIP") (NYSE: BIP , TSX: BIP ), through its subsidiary Brookfield Infrastructure Corporation ("BIPC") and its institutional partners (collectively, "Brookfield Infrastructure"), jointly announce a definitive agreement for Triton to be acquired in a cash and stock transaction valuing the Company's common equity at approximately $4.7

Total Shareholder Return 40

Total Shareholder Return Capital Structure Enterprise Value Dividends 40

Benzinga

FEBRUARY 29, 2024

We are excited by the transformational opportunity offered by combining with First Advantage," said Adrian Jones, Global Chairman & Co-Head of the Private Equity business within Goldman Sachs Asset Management. Following the closing of the transaction, Scott Staples will continue to serve as Chief Executive Officer of First Advantage.

Total Shareholder Return 40

Total Shareholder Return Technology Equity Marketability 40

Reynolds Holding

MARCH 5, 2023

Moreover, if PVP disclosure was required in a Form 10 (and its accompanying “information statement”), it would not be possible to complete column (f) of the PVP table with respect to the company’s total shareholder return (TSR), since the spin-off company would not have been publicly traded for any of the years covered by the PVP table.

Equity 45

Equity Dividends Total Shareholder Return Corporate Finance 45

Cooley M&A

JANUARY 30, 2024

a sale, divestiture, change in strategy or management, return of capital to shareholders, etc.). To that end, many top activists stay close to private equity firms (or even activist buyout funds) to assess targets ripe for an M&A campaign.

Market Capitalization 52

Market Capitalization Equity Marketability Total Shareholder Return 52

Reynolds Holding

MARCH 1, 2023

Financial reporting measures also include stock price and total shareholder return (TSR). What if the incentive-based compensation is based on stock price or Total Shareholder Return (TSR)? Same as the NYSE. Same as the NYSE. It will also be important for the relevant functions within the company (e.g.,

Compliance 45

Compliance Total Shareholder Return Finance Equity 45

Reynolds Holding

JUNE 14, 2022

Incentive-based compensation is any compensation that is granted, earned or vested based wholly or in part on the attainment of a financial reporting measure, including stock price or total shareholder return.

Total Shareholder Return 45

Total Shareholder Return Equity 45

Reynolds Holding

SEPTEMBER 6, 2022

footnote disclosure to the table for any amounts deducted and added to total compensation of the NEOs to determine the amount of compensation “actually paid” (as described below) and certain related assumptions, as well as the name of each CEO and other NEO included in table for each year and the fiscal year for which they were included.

Total Shareholder Return 45

Total Shareholder Return Equity Dividends Market Capitalization 45

Reynolds Holding

SEPTEMBER 7, 2022

In addition, the line between hedge fund activism and private equity continues to blur, with some activist funds becoming bidders themselves for all or part of a company, and a handful of private equity funds exploring activist-style investments in, and engagement with, public companies. Responding to an Activist Approach.

Equity 45

Equity Dividends Total Shareholder Return Marketability 45

Reynolds Holding

AUGUST 30, 2023

In addition, the line between hedge fund activism and private equity continues to blur, with some activist funds becoming bidders themselves for all or part of a company, and a handful of private equity funds exploring activist-style investments in, and engagement with, public companies.

Dividends 40

Dividends Equity Total Shareholder Return Marketability 40

Benzinga

FEBRUARY 29, 2024

The transaction is expected to drive attractive total shareholder returns, including at least $50 million of synergies, implying expected double-digit Adjusted EPS accretion immediately on a run-rate synergy basis and accelerated earnings growth potential from topline development, synergies, and deleveraging.

EBITDA 40

EBITDA Dividends Technology Total Shareholder Return 40

Harvard Corporate Governance

AUGUST 9, 2024

Ellias (Harvard Law School) and Elisabeth de Fontenay (Duke University School of Law), on Thursday, August 8, 2024 Tags: Bankruptcy , corporate finance , equity , Private credit Does Compensation Actually Paid Align with Total Shareholder Return?

Total Shareholder Return 100

Total Shareholder Return Corporate Finance Finance Equity 100

Harvard Corporate Governance

FEBRUARY 24, 2025

salary, actual bonus awards and payouts of cash-based long-term incentives) and the value of equity awards using the stock price at the end of the assessment period. RP assesses outcome-based compensation and has long been the gold standard for demonstrating shareholder aligned pay for performance. more…)

Total Shareholder Return 144

Total Shareholder Return Equity 144

Value Scope

SEPTEMBER 24, 2020

How do you justify making substantial investments and fundamental changes to corporate structures and culture without empirical evidence that it will make a direct impact on shareholder value, total shareholder return, net present value, and individual rates of return? . These are fair questions.

Intangible Assets 130

Intangible Assets Alpha Beta Marketability 130