Cumulative Total Shareholder Return definition
Cumulative Total Shareholder Return. TSR shall mean, with respect to a share of Common Stock outstanding on the first day of the Performance Period, the percentage by which:
Cumulative Total Shareholder Return. (or “Cumulative TSR”) means the cumulative (non-compounded) total return (expressed as a percentage) of an investment in the Corporation’s Common Stock for the Measurement Period, determined using the Beginning Stock Price to value the Corporation’s Common Stock at the start of the Measurement Period and the Ending Stock Price to value the Corporation’s Common Stock at the end of the Measurement Period. For purposes of such determination, the Ending Price shall be equitably and proportionately adjusted by the Administrator to the extent (if any) determined necessary by the Administrator to preserve the intended incentives of the award and mitigate the impact of any stock split, stock dividend or reverse stock split occurring during the Measurement Period.
Cumulative Total Shareholder Return means the sum of (i) the increase, if any, of (1) the Value of the Company as of April 1, 2011 (or any of the thirty (30) subsequent trading days of such date) over (2) the Value of the Company as of April 1, 2009, plus (ii) dividends on all shares of the Company paid during the period from April 1, 2009 to April 1, 2011, such sum expressed as a plus or minus percentage of the Value of the Company as of April 1, 2009. The period from the date hereof until Performance Awards have become one hundred percent (100%) vested and the Committee has determined that such Performance Objectives have been met shall be referred to as the “Restricted Period.”
Examples of Cumulative Total Shareholder Return in a sentence
Cumulative Total Shareholder Return (TSR) shall be based on the 30-day average closing stock price prior to July 1, 2014 ($14.06) and the 30-day average closing stock price prior to July 1, 2017.
Provided that the Cumulative Total Shareholder Return (or “CTSR”) targeted for each tranche is achieved, the option will vest in tranches over time, as specified below.
Cumulative Total Shareholder Return shall be calculated as follows: ((Ending Stock Price minus Beginning Stock Price ($14.06) plus dividends) divided by Beginning Stock Price ($14.06) Only whole shares of II-VI Common Stock shall be earned in accordance with this Section 2.
More Definitions of Cumulative Total Shareholder Return
Cumulative Total Shareholder Return for a fiscal year means (i) the sum of (x) the Cumulative Percentage Stock Price Change, plus (y) the Cumulative Dividend Yield, divided by (ii) the number of full fiscal years that have elapsed since December 31, 1995.