Share Ratio definition

Share Ratio means [insert ratio];]
Share Ratio initially means 1.0, but will be subject to adjustment, as provided herein, through and including the Determination Date.
Share Ratio means 0.1440.

Examples of Share Ratio in a sentence

  • If a Basket Stock is subject to a reverse stock split, then the Calculation Agent will adjust its Share Ratio to equal the product of the prior number of shares and the quotient of (1) the number of outstanding shares of the relevant Basket Stock outstanding immediately after the reverse stock split becomes effective, divided by (2) the number of shares of the relevant Basket Stock outstanding immediately before the reverse stock split becomes effective.

  • If a Basket Stock is subject to a stock dividend payable in shares of its stock, then the Calculation Agent will adjust the Share Ratio of that Basket Stock in the Basket to equal the sum of the prior number of shares plus the product of (1) the number of shares issued in the stock dividend with respect to one share of the relevant Basket Stock, and (2) the prior number of shares.

  • If an extraordinary dividend occurs, the Calculation Agent will adjust the relevant Share Ratio of that Basket Stock to equal the product of (1) the prior Share Ratio, and (2) a fraction, the numerator of which is the Closing Price of the relevant Basket Stock on the Business Day before the ex-dividend date and the denominator of which is the amount by which that Closing Price exceeds the extraordinary dividend amount.

  • The cash value of those rights or warrants, if the warrants or rights are traded on a national securities exchange, will equal the closing price of those warrants or rights, or, if the warrants or rights are not traded on a national securities exchange, will be determined by the Calculation Agent and will equal the average (mean) of the bid prices obtained from three dealers at 3:00 p.m., New York City time, on the date the new Share Ratio is determined.

  • The number of shares that can be purchased will be based on the closing price of that Basket Stock on the date the new Share Ratio is determined.


More Definitions of Share Ratio

Share Ratio is defined in Section 2.6(a).
Share Ratio means 0.0682.”
Share Ratio means, initially, 1.0, but will be subject to adjustment for certain events described under "Dilution and Reorganization Adjustments."
Share Ratio means a per share purchase price for New Gymboree Common Shares based on a 35% discount to a stipulated equity value of $262.5 million based on a total enterprise value of $430 million (each of which stipulated equity value and enterprise value shall remain fixed regardless of whether the Adjusted Rights Offerings Amount is equal to or less than the Maximum Rights Offerings Amount); provided, that in the event of a DIP Surplus Conversion, the Share Ratio shall be adjusted to use the preceding stipulated equity value, increased by the amount of the DIP Surplus Amount.
Share Ratio means the number of hypothetical shares of each ConocoPhillips and Chevron common shares underlying each Relative Performance Value Award target amount as determined by the Committee. Such Share Ratio is generally established to provide that one-half of the opportunity inherent in the Grant is based on the value of common stock of each Parent Company, considering factors deemed relevant by the Committee, which may include but are not limited to, dividend policies of each Parent Company. Share Ratios are fixed over the Performance Cycle of any individual Grant, but may vary among Grants occurring on different dates.
Share Ratio means the quotient, calculated to five decimal places, obtained by dividing (x) the Offer Price by (y) the Parent Share Price at the Effective Time, provided that if the Parent Share Price at the Effective Time is lower than the Parent Share Price on the date of this Agreement, the Share Ratio shall be obtained by dividing (a) the Offer Price by (b) the Parent Share Price on the date of this Agreement.
Share Ratio or "Cash Component," as applicable, shall thereafter be deemed to refer to the Share Ratio or Cash Component, as applicable, as adjusted pursuant to this Section 8.1(h). If the outstanding shares of common stock of Citizens or any company belonging to the Index Group shall be changed into a different number of shares by reason of any stock dividend, reclassification, recapitalization, split-up, combination, exchange of shares or similar transaction between the date of the Agreement and the Determination Date, the prices for the common stock of such company will be appropriately adjusted. For purposes of this Section 8.1(h), the following terms shall have the meanings set forth below: