Shares of common stock outstanding

Assignment Help Management Theories

Reference no: EM131045171

Venable Corporation has 750,000 shares of common stock outstanding, which are owned by 640 shareholders. The assets of Venable Corporation are valued at more than $10 million. In March, Underhill began purchasing shares of Venable's common stock in the open market. By April, he had acquired 40,000 shares at prices ranging from $12 to $14. Upon discovering Underhill's activities in late April, the directors of Venable had the corporation purchase the 40,000 shares from Underhill for $18 per share. Which provisions of the 1934 Act, if any, have been violated?

Reference no: EM131045171

Questions Cloud

Difference between the two groups : A researcher is interested in whether or not hours studied is different for boys and girls. Is there a significant difference between the two groups?

What is the companys cost of equity : The Absolute Zero Co. just issued a dividend of $3.15 per share on its common stock. The company is expected to maintain a constant 6.5 percent growth rate in its dividends indefinitely. If the stock sells for $63 a share, what is the company’s cost ..

Compute the firms net operating income and net income : The Allen Corporation had sales in 2013 of $70 million, total assets of $43 million, and totla liabilities of $21 million. The interest rate on the company's debt is 5.6 precent, and its tax rate is 35 percent. The operating profit margin is 11 perce..

Calculate the sample standard deviation : A sample of N=16 scores has a M=45 and SS=960. Calculate the sample standard deviation (s) and the estimated standard error (sm) for the sample mean

Shares of common stock outstanding : Venable Corporation has 750,000 shares of common stock outstanding, which are owned by 640 shareholders. The assets of Venable Corporation are valued at more than $10 million.

Largest carpet maker has just completed feasibility study : The world's largest carpet maker has just completed a feasibility study of what to do with the 16,000 tons of overruns, rejects, and remnants it produces every year. Company engineers have determined that the waste-burning plant will be environmental..

How do you minimize the company potential loss of production : How do you minimize the company's potential loss of production during the "deployment period" of the new lean program; and, more importantly how do you make sure the new program sustains itself in an ongoing continuous manner without everyone rev..

Lifetime of a particular brand of laptop : The lifetime of a particular brand of laptop follows a normal distribution with mean and standard deviation equal to 2.4 and 0.5 years, respectively. Assume this brand of laptop is guaranteed for 2 years,

What is the difference between the command df and command du : What is the difference between the command df and the command du? Provide a scenario where a system administrator would use each.

User Account

All Pages