Total Shareholder Return or TSR means a company's total shareholder return, calculated based on the stock price appreciation during the Performance Period plus the value of dividends paid on such stock during the Performance Period (which shall be deemed to have been reinvested in the underlying company's stock). TSR shall be calculated using 20-day average stock prices for both beginning and ending values.
Total Shareholder Return or TSR means for the Incentive Period the cumulative return to shareholders of the Company and to the shareholders of each of the entities in the Peer Group during the Incentive Period, measured by the change in Market Value Price per share of a Share of the Company plus dividends (or other distributions, excluding franking credits) reinvested over the Incentive Period and the change in the Market Value Price per share of the common share of each of the entities in the Peer Group plus dividends (or other distributions, excluding franking credits) reinvested over the Incentive Period, determined on the last business day of the Incentive Period compared to a base measured by the average Market Value Price per share of a Share of the Company and of a common share of each of the entities in the Peer Group on the last business day of the year immediately preceding the Incentive Period. Dividends (or other distributions, excluding franking credits) per share are assumed to be reinvested in the applicable stock on the last business day of the quarter during which they are paid at the then Market Value Price per share, resulting in a fractionally higher number of shares owned at the market price.
Total Shareholder Return or TSR means shall be defined and calculated as follows, where “Beginning Price” is (1) with respect to the Company or with respect to members of the Peer Group, the average closing price on the New York Stock Exchange (“NYSE”) for the last 20 NYSE trading days prior to and including the Effective Date, and “Ending Price” is the average closing price on the NYSE for the last 20 NYSE trading prior to and including the applicable Determination Date, in each case as applied to the applicable equity security: TSR = (Ending Price – Beginning Price + cash dividends (if any) per share paid*) Beginning Price * Stock dividends paid in securities rather than cash in which there is a distribution of less than 25 percent of the outstanding shares (as calculated prior to the distribution) shall be treated as cash for purposes of this calculation. To the extent a security of the Company or any member of the Peer Group is not listed or traded on the NYSE, “NYSE” as used above shall mean the principal national securities exchange or quotation service on which the security is listed or quoted. TSR of the Company or of any member of the Peer Group shall be equitably adjusted, as determined by the Committee, to reflect any spin-off, stock split, reverse stock split, stock dividend, recapitalization, reclassification or other similar change in the number of outstanding shares of common stock.
Examples of Total Shareholder Return or TSR in a sentence
In addition, appropriate and equitable adjustments to the Total Shareholder Return (or TSR) shall be made, in the sole discretion of the Administrator, to take into account all stock dividends, stock splits and reverse stock splits that occur prior to the Valuation Date.
The performance measure for the Tranche 2 Target Award is relative Total Shareholder Return or TSR for the Tranche 2 Performance Period.
For this purpose, Cumulative Free Cash Flow, Cumulative Earnings Per Share and Total Shareholder Return or TSR shall be determined by the Company’s Compensation Committee as described in the Award Letter.
For this purpose, Cumulative Free Cash Flow, Cumulative Earnings Per Share and Total Shareholder Return or TSR shall be determined by the Committee as described in the Award Letter.
The Performance Criteria is relative Total Shareholder Return or TSR (as defined below) for each Performance Period.
More Definitions of Total Shareholder Return or TSR
Total Shareholder Return or TSR means the change in value of one share of a company’s Common Stock over the Award Period, taking into account both stock price appreciation (or depreciation) and the reinvestment of dividends. The beginning and ending stock prices will be based on the average closing stock prices during the months of December 2013 and December 2016, respectively. TSR will be calculated on a compound annualized basis over the Award Period.
Total Shareholder Return or TSR means, for a given Performance Period and a given common stock, the number determined by the formula [(SB+SD)PE -
Total Shareholder Return or TSR means, as to any given calendar year, the amount (expressed as a percentage) equal to (i) (A) the closing sales price of a share of the Company's common stock on the New York Stock Exchange ("NYSE") on the last business day of such year, minus (B) the closing sales price of a share of the Company's common stock on the NYSE on the first business day of such year, plus (C) the amount of any dividends per share of the Company's common stock declared during such year and paid, divided by (ii) the closing sales price of a share of the Company's common stock on the NYSE on the first business day of such year
Total Shareholder Return or TSR means, for a given Performance Period and a given common stock, the number determined by the formula [(SB+SD)PE - 100] ÷ 100, where (i) “SB” is the number of shares of the common stock (including fractional shares) that could be bought with an initial $100 investment at PB, or $100 ÷ PB; (ii) “SD” is the total number of shares of the common stock (including fractional shares) (A) which are distributed as stock dividends with respect to the common stock during the Performance Period or (B) which could be purchased with the cash dividends (or allocated portion of a per share dividend) paid on SB shares of the common stock during the Performance Period (and any additional shares or fractional shares allocated in accordance with this subsection (ii) with respect to dividends paid during the Performance Period but prior to the dividend in question), determined in the case of each such dividend paid using the closing price of the common stock on the trading date coincident with or next preceding the date of payment of the dividend; (iii) “PB” is the average daily closing price of the common stock during the thirty (30) trading days preceding the first day of the Performance Period; and (iv) “PE” is the average daily closing price of the common stock during the thirty (30) trading days preceding the last trading day of the Performance Period. In calculating the Total Shareholder Return for a given common stock, the Plan Administrator will apply the principles of Section 8(h) as if that section applied to the common stock.
Total Shareholder Return or TSR. With respect to any share or Index, the variation in stock price of such share or the value of such Index, as the case may be, measured by comparing the price or value at the beginning of the relevant Performance Period with the price or value at the end of such period plus, in the case of a share, dividends and distributions paid, declared or made in respect of such share during the Performance Period, which shall be deemed to have been reinvested, expressed as a percentage return, in each case expressed as a percentage of the beginning point. TSR will be measured as of the first and last day of the relevant Performance Period, in each case by reference to an average of the closing price of the relevant share or index on each of the 20 trading days immediately preceding, as applicable, the first day of the relevant Performance Period (the Grant Date unless otherwise provided in the Award Letter) and the last day of the relevant Performance Period (the Vesting Date unless otherwise provided in the Award Letter, or, if earlier, the occurrence of a Change in Control or the Participant’s Disaffiliation).
Total Shareholder Return or TSR means for the Company and each of the Peer Companies, the company’s Total ShareholderReturn, which will be calculated by dividing (i) the Closing Average Share Value by (ii) the Opening Average Share Value, and then subtracting one (1).
Total Shareholder Return or TSR means, as applied to the Company or any company in the Market Index or Peer Group, the stock price appreciation from the beginning to the end of the Performance Period, plus dividends and distributions made or declared (assuming such dividends or distributions are reinvested in the common stock of the Company or any company in the Market Index or Peer Group, as applicable) during the Performance Period, expressed as a percentage return. For purposes of computing Total Shareholder Return, the stock price of a share of common stock of the applicable company shall be equal to the closing price of such stock on the applicable exchange on each of the first and last days of the Performance Period.