11.   The company plans to boost its lagging stock price, which has some shareholders planning a proxy fight to replace its board of directors.

12.   The size of the payment to the NationsBank shareholders was said to be larger because that bank had more shareholders before the merger.

13.   Unlike big profit-making enterprises, the Salvation Army does not have shareholders and relies heavily on thousands of volunteers.

14.   Yet the funds also had no shareholders to whom they were accountable.

15.   Both have foreign shareholders.

16.   But a massive decline in share price has frustrated shareholders, who have their annual meeting next week.

17.   Many funds that have come here have retail shareholders, whereas we do not have small investors.

18.   The hotel is owned by the little-known Kiatpol Co., which has nine shareholders.

19.   The prospect of big losses at MCI Communications Corp. had small shareholders of British Telecommunications clamoring Wednesday for a better price in the huge transatlantic telephone merger.

20.   The Rathi Udyog AGM too had several shareholders voicing their lack of confidence in the management.