article thumbnail

Must a Professional Corporation Redeem the Shares of its Retired Shareholders?

Farrel Fritz

That is because under Section 1510 of the Business Corporation Law , the death or disqualification of a shareholder in a professional corporation triggers the PC’s obligation to redeem the deceased shareholder’s shares at their book value. The Practice has never paid a dividend to its shareholders. In 2019, Drs.

article thumbnail

Minority Shareholder’s Petition to Dissolve Seltzer Business Loses Its Fizz

Farrel Fritz

For one of the “outside” shareholders who drew no salary and sought to monetize her 25% share of the trapped-in value of the real estate, those factors most likely contributed to her decision to sue for judicial dissolution of the three companies, claiming she was the victim of a freeze-out. The Dissolution Petitions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Data Update 1 for 2024: The data speaks, but what does it say?

Musings on Markets

I have also developed a practice in the last decade of spending much of January exploring what the data tells us, and does not tell us, about the investing, financing and dividend choices that companies made during the most recent year. Dividends and Potential Dividends (FCFE) 1. Dividend yield & payout 3. Buybacks 2.

article thumbnail

Data Update 5 for 2022: The Bottom Line!

Musings on Markets

In 2021, companies recovered entirely from the damage done in 2021, at least in the aggregate, with earnings in 2021 higher than 2019 earnings, by almost 33%. To make comparisons, profits are scaled to common metrics, with revenues and book value of investment being the most common scalar.

article thumbnail

Data Update 1 for 2021: A (Data) Look Back at a Most Forgettable Year (2020)!

Musings on Markets

Challenge rules of thumb and conventional wisdom : Investing has always had rules of thumb on how and when to invest, ranging from using historical PE or CAPE ratios to decide if markets are over valued, to simplistic rules (eg. buy stocks that trade at less than book value or trade at PEG ratios less than one) for individual stocks.

article thumbnail

National Bank Holdings Corporation Announces First Quarter 2022 Financial Results and Agreement to Acquire Rock Canyon Bank

Benzinga

Common book value per share decreased $0.71 Tangible common book value per share decreased $0.69 at March 31, 2022 as this quarter's earnings, net of dividends paid, were outpaced by the increase in accumulated other comprehensive loss. Tangible common book value per share decreased $0.69

Banking 40