Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2011-07-26
2011-07-26
Patel, Jagdish H (Department: 3693)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S035000, C705S037000
Reexamination Certificate
active
07987131
ABSTRACT:
A system, a method, and a computer readable medium for allocating dividends to a block of common stock shares are provided. The method includes selling a plurality of Class A common stock shares and a plurality of Class No-Dividend common stock shares associated with the company, that form the block of common stock shares. The method further includes determining a total dividend amount for the block of common stock shares. The method further includes allocating a first percentage of the total dividend amount to the plurality of Class A common stock shares, and allocating a second percentage of the total dividend amount to the plurality of Class No-Dividend common stock shares. The method further includes performing a share buyback of a predetermined number of Class No-Dividend common stock shares of the plurality of Class No-Dividend common stock shares equal to the second percentage of the total dividend amount.
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Bartley Kenneth
Cantor & Colburn LLP
Patel Jagdish H
LandOfFree
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