sabreW4K3@lazysoci.al to UK Politics@feddit.uk · 4 days agoThames Water: Please don't fine us, company asks regulatorwww.bbc.comexternal-linkmessage-square12linkfedilinkarrow-up148arrow-down10
arrow-up148arrow-down1external-linkThames Water: Please don't fine us, company asks regulatorwww.bbc.comsabreW4K3@lazysoci.al to UK Politics@feddit.uk · 4 days agomessage-square12linkfedilink
minus-squareMrNesser@lemmy.worldlinkfedilinkarrow-up17·3 days agoThe fine should be taken the form of shares transferred to the government. They can buy them back once they show competency or they get fined later and give more shares up until the government gets a controlling interest.
minus-squareMr Poletski@feddit.uklinkfedilinkEnglisharrow-up3·3 days agoThat’s actually a pretty nice idea. Thing is they’d have to forcibly buy shares off the shareholders to sell to the government, might get messy. In principle however, sounds great.
minus-squarealbert180@piefed.sociallinkfedilinkEnglisharrow-up2·3 days agoThey could just dilute them by issuing new ones
minus-squareHumanPenguin@feddit.uklinkfedilinkEnglisharrow-up6arrow-down1·3 days agoHow many shares dose the company own? It is not normal for a ltd company to own it’s own shares. It happens but it’s not common. It is more likely public and leadership own them. At that point if you have the evidence to forcibly remove property from individuals. Prison is a better option. Or hanging.
The fine should be taken the form of shares transferred to the government.
They can buy them back once they show competency or they get fined later and give more shares up until the government gets a controlling interest.
That’s actually a pretty nice idea. Thing is they’d have to forcibly buy shares off the shareholders to sell to the government, might get messy. In principle however, sounds great.
They could just dilute them by issuing new ones
How many shares dose the company own?
It is not normal for a ltd company to own it’s own shares. It happens but it’s not common.
It is more likely public and leadership own them. At that point if you have the evidence to forcibly remove property from individuals.
Prison is a better option. Or hanging.