We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Closing the loop

16 May 2006 By Antony Currie

The Big Board wants to stop companies using treasury shares to cede control without a shareholder vote. That s good news for investors. But it comes too late for Sovereign Bancorp shareholders. They argued against its use of the exemption last year with Santander, and lost.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)