First Stockholders Meeting With Investors In Fairfax

State:
Multi-State
County:
Fairfax
Control #:
US-0016-CR
Format:
Word; 
Rich Text
Instant download

Description

The Notice of First Stockholder’s Meeting form is essential for initiating the inaugural gathering of stockholders in a corporation. This document serves to formally announce the meeting’s date, time, and location to all stockholders, ensuring compliance with corporate by-laws. It includes fields for the name and address of the stockholders, which aids in maintaining accurate records. The form must be filled out accurately and distributed to all required parties to validate the meeting under corporate governance rules. Editing the document is straightforward; users should update the placeholders with relevant details and ensure the final copy is signed by the Secretary. This form is particularly useful for attorneys, partners, and owners who seek to establish a formal corporate structure, as well as for associates and paralegals who handle organizational tasks. Legal assistants will find this form beneficial for tracking share ownership and ensuring effective communication among stakeholders. Ultimately, this notice plays a crucial role in fostering transparency and accountability within the corporation.

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FAQ

Founded in 1985, Fairfax Financial Holdings Limited is a holding company which, through its subsidiaries, is primarily engaged in property and casualty insurance and reinsurance and the associated investment management. Fairfax's corporate objective is to achieve a 15% growth in book value per share over the long term.

Fairfax Financial Holdings Limited: Financial Results for the First Quarter First quarter of 2024 Realized gains (losses) Net gains (losses) Net gains (losses) on: Equity exposures 514.7 275.1 Bonds 18.9 (318.83 more rows •

Major shareholders: Fairfax Financial Holdings Limited NameEquities% Mercier Vanderlinden Asset Management NV 0.9097 % 211,030 0.9097 % Lee, Danner & Bass, Inc. 0.4517 % 104,793 0.4517 % Eric Salsberg 0.3494 % 81,060 0.3494 % Capfi Delen Asset Management NV 0.3094 % 71,769 0.3094 %21 more rows

Prem Watsa, chairman and CEO of Fairfax Financial who received the 2024 National Builder Award, welcomed the changes. “Brian and Andy have worked together for nearly 35 years, the last 28 at Fairfax,” he said. “Our expansive global (re)insurance operations will benefit greatly from their collective oversight.”

Fairfax Financial Holdings Limited: Financial Results for the Third Quarter Third quarterFirst nine months Underwriting profit 389.7 942.9 Interest and dividends 544.2 1,172.6 Share of profit of associates 202.9 608.2 Adjusted operating income 1,136.8 2,723.76 more rows •

This surge in revenue is a testament to Fairfax's adaptability and resilience — particularly notable in a market with ongoing economic uncertainties. Fairfax has managed to maintain a solid track record of revenue growth, offering reassurance to investors looking for steady performers in their portfolio.

Our Story. Founded in 1985, Fairfax Financial Holdings Limited is a holding company which, through its subsidiaries, is primarily engaged in property and casualty insurance and reinsurance and the associated investment management.

For Q3 2024, Fairfax stock reported net gains on investments totalling over $1.3 billion, driven by solid returns in both bonds and equity markets. Despite broader market volatility, Fairfax's investments generated significant returns. These were complemented by strong premium growth in its insurance businesses.

Fairfax Financial Holdings Limited: Financial Results for the Third Quarter Third quarterFirst nine months Underwriting profit 389.7 1,133.1 Interest and dividends 544.2 1,591.8 Share of profit of associates 202.9 508.4 Adjusted operating income 1,136.8 3,233.36 more rows •

About Fairfax Financial Fairfax was founded in 1985 by the present Chairman and Chief Executive Officer, Prem Watsa.

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First Stockholders Meeting With Investors In Fairfax