{"id":36305,"date":"2013-06-21T10:36:59","date_gmt":"2013-06-21T14:36:59","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=36305"},"modified":"2013-06-21T10:36:59","modified_gmt":"2013-06-21T14:36:59","slug":"japan-tobacco-shareholders-reject-u-k-hedge-funds-proposals","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2013\/japan-tobacco-shareholders-reject-u-k-hedge-funds-proposals.html","title":{"rendered":"Japan Tobacco Shareholders Reject U.K. Hedge Fund\u2019s Proposals"},"content":{"rendered":"<p>WSJ &#8211; Shareholders of\u00a0Japan Tobacco\u00a0Inc.\u00a0Friday voted down a set of proposals by a U.K.-based activist hedge fund, including a sharp dividend hike.<\/p>\n<p>The company, known as JT, has already expressed opposition to the proposals put forward by The Children\u2019s Investment Fund, a minority shareholder. These proposals were for a hike in the dividend payout for this fiscal year through March to Y150 per share, instead of a payment of Y68 per share the company is planning to distribute, a buyback of Y350 billion worth of common shares by June 2014, and the cancellation of JT\u2019s holdings of its own shares.<\/p>\n<p><a href=\"http:\/\/blogs.wsj.com\/moneybeat\/2013\/06\/20\/japan-tobacco-shareholders-reject-u-k-hedge-funds-proposals\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WSJ &#8211; Shareholders of\u00a0Japan Tobacco\u00a0Inc.\u00a0Friday voted down a set of proposals by a U.K.-based activist hedge fund, including a sharp dividend hike. The company, known as JT, has already expressed opposition to the proposals put forward by The Children\u2019s Investment [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-36305","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/36305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=36305"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/36305\/revisions"}],"predecessor-version":[{"id":36307,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/36305\/revisions\/36307"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=36305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=36305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=36305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}