1901-1911 |
20,000 shares Common.
5,000 shares Preferred.
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1911 |
(3/7/11) 50,000 shares Common (Employee participation).
5,000 shares Preferred.
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1915 |
The Company offered to buy all outstanding Preferred at $140.00 a share. All was turned in except 19 shares.
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1916 |
Victor had 121 stockholders of whom 9 were Directors or Officers, 37 were other employees, 75 were not connected with the company. The 112 stockholders who were not Officers or Directors held 21% of the company’s common stock.
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1922 |
(600% Stock dividend).
350,000 shares Common. 19 shares Preferred.
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1926 |
Eldridge R. Johnson gave Speyer & Co. and J & W Seligman & Co. option to buy his holdings and the holdings of anyone else who wished to participate at $115.00. The option was exercised 1/6/27.
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1927 |
On 1/17/27, the stockholders approved a recapitalization which was increased to $49,730,000 as follows:
69 shares Preferred par $100.00.
207667 shares 7% Cum. Prior Preference Preferred—$ 100.00.
121,139 shares 6% Cum. Convertible Preferred—no par.
571,086 shares Common—no par.
Under this plan each holder of 10 shares of Common received 6 shares of 7% 3.5 shares of 6% and 16.5 shares of Common.
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1929 |
RCA acquired the Victor Talking Machine Co. on 33/15/29 after the acceptance of the following plan by Victor stockholders.
For each share of Victor Common RCA offered:
1 share of RCA Common.
1 share of RCA Class B Preferred.
$5.00 in cash
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