Glossary entry

Lithuanian term or phrase:

blokuojantis akcijų paketas

English translation:

blocking shareholdings

Added to glossary by Ugne Vitkute (X)
Jul 20, 2008 13:43
15 yrs ago
Lithuanian term

blokuojantis akcijų paketas

Lithuanian to English Bus/Financial Finance (general) Property Valuation
Pirkėjas, įsigijęs vertinamą akcijų paketą, suformuos 35 proc. įmonės XXX blokuojantį akcijų paketą ir atitinkamą kontrolės lygmenį bei valdymo teises įmonėje.

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blocking shareholdings

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controlling interest

From Wikipedia: To have a "controlling interest" in a corporation means to have control of a block of voting stock shares in a company large enough so that no single stockholder or coalition of stockholders could successfully oppose your motion(s). In theory this normally means that a "controlling interest" would be 50% of the voting shares plus one. In practice, a controlling interest can be far less than that, as it is rare that 100% of a company's voting shareholders actively vote. A company that requires a 2/3 super-majority of shares to vote in favor of a motion can grant veto power to a minority shareholder or block of shareholders that own essentially 1/3 of the shares. Thus in some cases, a single entity can essentially maintain control, with only 33.4% of the outstanding shares. Ford Motor Company's ownership of 33.4% of Mazda is an example of a controlling interest with minority shareholding.
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