15:20 Aug 12, 2001 |
Dutch to English translations [Non-PRO] Law/Patents | ||||
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| Selected response from: jarry (X) South Africa Local time: 08:56 | |||
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na | Earnings of the company are not paid out as dividends |
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na | This refers to a situation where a company has shares in |
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Earnings of the company are not paid out as dividends Explanation: in other words, the earnings are retained Reference: http://www.gannett.com/annual/ar99/financials/99glossary.htm |
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The asker has declined this answer Comment: Thanks, but comp pays dividends, which must be from earnings |
This refers to a situation where a company has shares in Explanation: its own share capital, so-called treasury shares. What the Dutch sentence therefore indicates is that: "No dividend shall be paid on shares which the company holds in its own share capital." 20 years with Ernst & Young |
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