https://www.proz.com/kudoz/spanish-to-english/law-contracts/4698694-unir-su-deber-accionario.html

unir su deber accionario

English translation: aggregate/place their shares (in a voting trust)

01:57 Feb 17, 2012
Spanish to English translations [PRO]
Law: Contract(s)
Spanish term or phrase: unir su deber accionario
se trata de un contrato de sindicaciones de acciones. En una de sus cláusulas dice lo siguiente:
"Se comprometen los sindicados a unir su haber accionario en el período ...................... , a efectos de dirigir el poder de decisión que deriva de ellos"
Cómo puedo traducir "unir su deber accionario"?
MUchas gracias
Karina Rodriguez
Argentina
Local time: 15:02
English translation:aggregate/place their shares (in a voting trust)
Explanation:
or
combine/pool their shares
There are several reasons why shareholders may wish to put a voting trust arrangement in place.
 Several shareholders may wish to create a unified block of votes, which together gives them more power than the collective sum of their fragmented interests.
 In many countries, in order to call general meetings, shareholders need to hold a certain percentage of the issued shares of the company. By aggregating their shares, the shareholders can confer this power on themselves collectively where they might not have it individually.
 Locking shares up in voting trusts can in some countries help deter a hostile takeover.
 Voting trusts are also sometimes used to resolve conflicts of interest. By putting the shares in a trustee who can vote them at arm's-length from the beneficiary(ies) of the trust, this can in some circumstances mitigate or absolve the original shareholder from what might otherwise constitute a conflict of interest (although in practice, to resolve conflicts of interest the trust will ordinarily be "blind trust"; while all blind trusts are necessarily voting trusts, not all voting trusts are blind trusts).
 Shares are sometimes aggregated into a voting trust to facilitate a corporate reorganisation.
 Promoters of companies sometimes aggregate their shares in a voting trust to safeguard control of the company.
http://en.wikipedia.org/wiki/Voting_trust

Lo que se denomina sindicación de acciones es un compromiso que se realiza entre aquellos socios y/o accionistas de una entidad mercantil (S.A., S.L., S.A.D, etc) que tienen fines e intereses comunes, de manera que se comprometen a comparecer en los actos sociales, votar en las juntas de accionistas, promover acciones, etc todo ello de forma conjunta, con una sola voz y un solo voto.
http://www.pornuestrobetis.com/index.php?option=com_content&...

There are a few different reasons someone would want to utilize a voting trust. One of the most common is so that shareholders can combine their voting power in order to influence a company's decisions. Several investors might decide that they want to take over a company and will combine their shares into a single voting entity to accomplish this.
http://www.finweb.com/investing/investing-101-the-voting-tru...
According to the bilateral agreement, Sacyr-Vallehermoso and Pemex will syndicate their shares and vote together when significant decisions by Repsol Sacyr-Vallehermoso are considered.

Read more: http://www.upi.com/Business_News/Energy-Resources/2011/09/02...

Shareholders who own fewer than the minimum number of shares may pool their shares together with other shareholders to reach the 1,000-share threshold, with one person authorized in writing as their representative.
http://www.caixabank.com/informacionparaaccionistaseinversor...
Selected response from:

Richard Hill
Mexico
Local time: 13:02
Grading comment
thanks
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2aggregate/place their shares (in a voting trust)
Richard Hill


Discussion entries: 3





  

Answers


2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
aggregate/place their shares (in a voting trust)


Explanation:
or
combine/pool their shares
There are several reasons why shareholders may wish to put a voting trust arrangement in place.
 Several shareholders may wish to create a unified block of votes, which together gives them more power than the collective sum of their fragmented interests.
 In many countries, in order to call general meetings, shareholders need to hold a certain percentage of the issued shares of the company. By aggregating their shares, the shareholders can confer this power on themselves collectively where they might not have it individually.
 Locking shares up in voting trusts can in some countries help deter a hostile takeover.
 Voting trusts are also sometimes used to resolve conflicts of interest. By putting the shares in a trustee who can vote them at arm's-length from the beneficiary(ies) of the trust, this can in some circumstances mitigate or absolve the original shareholder from what might otherwise constitute a conflict of interest (although in practice, to resolve conflicts of interest the trust will ordinarily be "blind trust"; while all blind trusts are necessarily voting trusts, not all voting trusts are blind trusts).
 Shares are sometimes aggregated into a voting trust to facilitate a corporate reorganisation.
 Promoters of companies sometimes aggregate their shares in a voting trust to safeguard control of the company.
http://en.wikipedia.org/wiki/Voting_trust

Lo que se denomina sindicación de acciones es un compromiso que se realiza entre aquellos socios y/o accionistas de una entidad mercantil (S.A., S.L., S.A.D, etc) que tienen fines e intereses comunes, de manera que se comprometen a comparecer en los actos sociales, votar en las juntas de accionistas, promover acciones, etc todo ello de forma conjunta, con una sola voz y un solo voto.
http://www.pornuestrobetis.com/index.php?option=com_content&...

There are a few different reasons someone would want to utilize a voting trust. One of the most common is so that shareholders can combine their voting power in order to influence a company's decisions. Several investors might decide that they want to take over a company and will combine their shares into a single voting entity to accomplish this.
http://www.finweb.com/investing/investing-101-the-voting-tru...
According to the bilateral agreement, Sacyr-Vallehermoso and Pemex will syndicate their shares and vote together when significant decisions by Repsol Sacyr-Vallehermoso are considered.

Read more: http://www.upi.com/Business_News/Energy-Resources/2011/09/02...

Shareholders who own fewer than the minimum number of shares may pool their shares together with other shareholders to reach the 1,000-share threshold, with one person authorized in writing as their representative.
http://www.caixabank.com/informacionparaaccionistaseinversor...


Richard Hill
Mexico
Local time: 13:02
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 266
Grading comment
thanks

Peer comments on this answer (and responses from the answerer)
agree  Emiliano Pantoja: aggregate their stakes / Another possibility, but very good answer
37 mins
  -> Thanks, Emiliano. Shares might be best, as in one share one vote

agree  Paul Hirsh
10 hrs
  -> Thanks, Paul
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