distributing corporation

Spanish translation: sociedad emisora de valores de suscripción pública/mediante oferta pública de suscripción de val...

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:distributing corporation
Spanish translation:sociedad emisora de valores de suscripción pública/mediante oferta pública de suscripción de val...
Entered by: Lourdes Martino

20:58 Dec 30, 2012
English to Spanish translations [PRO]
Law/Patents - Law: Contract(s)
English term or phrase: distributing corporation
Contexto:

Effective immediately upon the corporation ceasing to be a "distributing corporation" under the CBCA, no shares of the share capital of the Corporation shall be transferred without (i) the approval of the directors evidenced by a resolution of the board or (ii) with the consent of shareholders of the Corporation...

Encontré la definición aquí: http://www.ic.gc.ca/eic/site/cd-dgc.nsf/eng/cs01363.html. Se trata de un tipo de empresa canadiense.

Quizás alguno sepa el equivalente en español o una traducción que explique lo que es.

¡Muchas gracias a todos!
Lourdes Martino
Uruguay
Local time: 06:51
sociedad emisora de valores de suscripción pública/mediante oferta pública de suscripción de val...
Explanation:
... o "sociedad emisora de valores mediante distribución pública"

Según el TERMIUM, base terminológica del gobierno de Canadá:

"English distributing company
distributing corporation

French société ayant fait appel au public
société ayant fait appel au public

Textual Support, English

DEF – A company, any of the issued securities of which are or were part of a distribution to the public and remain outstanding and are held by more than one person [Insurance Companies Act].

Textual Support, French
DEF – Société dont les titres émis et en circulation font ou ont fait partie d'une souscription publique et sont détenus par plusieurs personnes. [Loi sur les sociétés d'assurance]."

http://www.termiumplus.gc.ca/tpv2alpha/alpha-eng.html?lang=e...

Es decir, "distributing" en el sentido de "public distribution of shares", "oferta pública de suscripción"/"distribución pública de valores", que como tal debe atenerse a los requisitos de la organización reguladora del mercado de valores del país en concreto (en Canadá, es una competencia provincial, http://www.legalline.ca/es/Home/1751_1374_1687/1380/273 del ... uno de los cuales (uno de los requisitos) es garantizar que los inversores potenciales dispongan de la información necesaria (este es el sentido de "reporting issuer").

Si nos limitásemos a decir "sociedad distribuidora" (traducción literal), estaríamos aludiendo a un concepto distinto. Las "sociedades distribuidoras" son intermediarios que realizan operaciones en calidad de terceros externos, mientras que "distributing corporation" en el contexto de los mercados de valores canadienses se refiere a las sociedades que emiten valores mediante ofertas públicas de suscripción.

Saludos ;)


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Note added at 14 hrs (2012-12-31 11:35:49 GMT)
--------------------------------------------------

Véase sentido de "distribuidora"
http://www.masfondos.mx/preguntas-frecuentes

Véase sentido de "oferta pública de suscripción"
http://despilfarro.com/que-es-una-oferta-publica-de-suscripc...
Selected response from:

Marta Moreno Lobera
Spain
Local time: 11:51
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1sociedad emisora de valores de suscripción pública/mediante oferta pública de suscripción de val...
Marta Moreno Lobera
4empresa distribuidora
Eva RUIZ
3Corporación con el poder de emitir acciones, corporación que cotiza públicamente
gabriel morassi


  

Answers


28 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
empresa distribuidora


Explanation:
Una "distributing corporation" es una empresa distribuidora, pero en este contexto tiene un significado específico legal en Canadá que no tiene equivalente en otros países.

Distributing Corporation:A corporation that:
•is a reporting issuer within the meaning of any applicable securities legislation, unless it is subject to an exemption from that legislation;
•is not a reporting issuer but has filed a prospectus or similar document in relation to the public distribution of its shares; has securities that are listed and posted for trading on a stock exchange in or outside Canada; is a distributing corporation that is involved in or results from a statutory procedure, such as an amalgamation or reorganization.


Eva RUIZ
Spain
Local time: 11:51
Works in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 12
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49 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
Corporación con el poder de emitir acciones, corporación que cotiza públicamente


Explanation:
Corporación que puede emitir acciones bajo la legislación de la CBCA si así lo desea en cualquier mercado bursátil.
En este caso en particular la corporación cesa de poder emitir acciones salvo bajo la aprobación especifica de la asamblea de directores y con el consentimiento de sus accionistas según dice el texto.


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Note added at 53 mins (2012-12-30 21:52:05 GMT)
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Non-distributing Corporation: A corporation that is not a distributing corporation; for example, it does not issue shares to the public. Such a corporation is commonly referred to as "private corporation".

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Note added at 1 hr (2012-12-30 21:58:52 GMT)
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Definition of 'Public Company'
A company that has issued securities through an initial public offering (IPO) and is traded on at least one stock exchange or in the over the counter market. Although a small percentage of shares may be initially "floated" to the public, the act of becoming a public company allows the market to determine the value of the entire company through daily trading.

Public companies have inherent advantages over private companies, including the ability to sell future equity stakes and increased access to the debt markets. With these advantages, however, comes increased regulatory scrutiny and less control for majority owners and company founders.

Read more: http://www.investopedia.com/terms/p/publiccompany.asp#ixzz2G...

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Note added at 1 hr (2012-12-30 22:02:19 GMT)
--------------------------------------------------

Once a company goes public, it has to answer to its shareholders. For example, certain corporate structure changes and amendments must be brought up for shareholder vote. Shareholders can also vote with their dollars by bidding up the company to a premium valuation or selling it to a level below its intrinsic value.

Public companies must meet stringent reporting requirements set out by the Securities and Exchange Commission (SEC), including the public disclosure of financial statements and annual 10-k reports discussing the state of the company. Each stock exchange also has specific financial and reporting guidelines that govern whether a stock is allowed to be listed for trading.

Read more: http://www.investopedia.com/terms/p/publiccompany.asp#ixzz2G...

gabriel morassi
Switzerland
Local time: 11:51
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in category: 14
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14 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
sociedad emisora de valores de suscripción pública/mediante oferta pública de suscripción de val...


Explanation:
... o "sociedad emisora de valores mediante distribución pública"

Según el TERMIUM, base terminológica del gobierno de Canadá:

"English distributing company
distributing corporation

French société ayant fait appel au public
société ayant fait appel au public

Textual Support, English

DEF – A company, any of the issued securities of which are or were part of a distribution to the public and remain outstanding and are held by more than one person [Insurance Companies Act].

Textual Support, French
DEF – Société dont les titres émis et en circulation font ou ont fait partie d'une souscription publique et sont détenus par plusieurs personnes. [Loi sur les sociétés d'assurance]."

http://www.termiumplus.gc.ca/tpv2alpha/alpha-eng.html?lang=e...

Es decir, "distributing" en el sentido de "public distribution of shares", "oferta pública de suscripción"/"distribución pública de valores", que como tal debe atenerse a los requisitos de la organización reguladora del mercado de valores del país en concreto (en Canadá, es una competencia provincial, http://www.legalline.ca/es/Home/1751_1374_1687/1380/273 del ... uno de los cuales (uno de los requisitos) es garantizar que los inversores potenciales dispongan de la información necesaria (este es el sentido de "reporting issuer").

Si nos limitásemos a decir "sociedad distribuidora" (traducción literal), estaríamos aludiendo a un concepto distinto. Las "sociedades distribuidoras" son intermediarios que realizan operaciones en calidad de terceros externos, mientras que "distributing corporation" en el contexto de los mercados de valores canadienses se refiere a las sociedades que emiten valores mediante ofertas públicas de suscripción.

Saludos ;)


--------------------------------------------------
Note added at 14 hrs (2012-12-31 11:35:49 GMT)
--------------------------------------------------

Véase sentido de "distribuidora"
http://www.masfondos.mx/preguntas-frecuentes

Véase sentido de "oferta pública de suscripción"
http://despilfarro.com/que-es-una-oferta-publica-de-suscripc...

Marta Moreno Lobera
Spain
Local time: 11:51
Specializes in field
Native speaker of: Spanish
PRO pts in category: 533

Peer comments on this answer (and responses from the answerer)
agree  Kornelia Berceo-Schneider
1 day 19 hrs
  -> Thanks a lot Kornelia.
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