Letter to Stockholders by General Physics Corp.

State:
Multi-State
Control #:
US-CC-12-1651B
Format:
Word; 
Rich Text
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Description

12-1651B 12-1651B . . . Joint Proxy Statement and Prospectus for approval of purchase by corporation of substantially all assets and assumption of certain liabilities of unrelated company pursuant to Asset Purchase Agreement and (b) increase number of authorized shares of acquiring company common stock from 10,000,000 to 20,000,000 shares

How to fill out Letter To Stockholders By General Physics Corp.?

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FAQ

A shareholder, also referred to as a stockholder, is a person, company, or institution that owns at least one share of a company's stock, which is known as equity. Because shareholders are essentially owners in a company, they reap the benefits of a business' success.

Shareholders pay tax on their income in two ways: They pay tax on dividends they receive based on their stock ownership. Dividends can be taxed as ordinary income or as capital gains, depending on the type of dividend. Ordinary dividends are paid out of earnings and profits and are taxed as ordinary income.

A shareholder, also referred to as a stockholder, is a person, company, or institution that owns at least one share of a company's stock, which is known as equity. Because shareholders are essentially owners in a company, they reap the benefits of a business' success.

How Many Shares of Stock are Required? A corporation can't be a corporation without at least one share of stock. So you must have at least one shareholder, and one share of stock. You can have (authorize) as many shares of stock as you want, however, this may increase your filing fees in some cases.

In the Philippines, you can become a shareholder by purchasing stock directly from a company, acquiring shares in a company from other stockholders or buying them directly from the stock market.

Becoming a shareholder with any one public company means buying that company's stock through a brokerage firm. Becoming a shareholder in a private corporation involves contacting that company directly with an offer to invest.

At an annual general meeting (AGM), directors of the company present the company's financial performance and shareholders vote on the issues at hand. Shareholders who do not attend the meeting in person may usually vote by proxy, which can be done online or by mail.

It is far more common for dividends to be paid quarterly or annually, but some stocks and other types of investments pay dividends monthly to their shareholders. Only about 50 public companies pay dividends monthly out of some 3,000 that pay dividends on a regular basis.

Common shareholders are granted six rights: voting power, ownership, the right to transfer ownership, dividends, the right to inspect corporate documents, and the right to sue for wrongful acts.

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Letter to Stockholders by General Physics Corp.