Glossary entry (derived from question below)
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.
Proposed translations
(English)
3 | blocking shareholdings | Leonardas |
5 | controlling interest | Gintautas Kaminskas |
Proposed translations
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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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