Examples of Split Ratio in a sentence
Immediately prior to the Effective Time and subject to stockholder approval thereof, LQ Parent shall effect the Reverse Stock Split, whereby each share of LQ Parent Common Stock (par value $0.01) will be reclassified and combined into a fraction of a share of LQ Parent Common Stock (par value $0.02) equal to the Reverse Stock Split Ratio (the “LQ Parent Share Cancellation”).
Stock Split Ratio or Consolidation Ratio where: NSP = the Subscription Price after such adjustment.
They responded well to teachers’ advice and made genuine efforts to improve.
The number of shares of New Ceridian common stock subject to such replacement award shall be equal to the quotient obtained by dividing (x) the product of (1) the number of such forfeited shares of restricted stock (adjusted for the reverse stock split) multiplied by (2) the Arbitron Post-Distribution price multiplied by (3) the Reverse Split Ratio, by (y) the New Ceridian Post-Distribution Price, such quotient to be rounded to the nearest whole share.
The exercise price of each Prior ADT Option shall be equal to the original exercise price of such Prior ADT Option, divided by .48133 (subject to adjustment as necessary to reflect any change in the "Reverse Stock Split Ratio" under the Merger Agreement).
The corporate action was resolved and passed: change of jurisdiction from Canada to Oregon with a 1 for 5 Forward Split Ratio: that for every 1 common share of Stock Symbol: PAMJF is to increase by 5 common shares of Stock Symbol: PRMN- a Forward Split.
All outstanding stock options, warrants and other rights to acquire securities of Sonus include provisions that will result in such stock option, warrant or right, if still outstanding at the effective time of the Reverse Stock Split, to adjust automatically in accordance with the Reverse Split Ratio as to both exercise price and the amount of Sonus Common Shares issuable thereunder.
Each Prior ADT Option shall entitle the recipient to purchase a number of Shares equal to the product of .48133 (subject to adjustment as necessary to reflect any change in the "Reverse Stock Split Ratio" under the Merger Agreement) and the number of Prior ADT Shares to which such Prior ADT Option originally related.
We will illustrate this with an example, refer to Table 11.2 in the following page: Table 11.2 - Stock Split Split Ratio Old FVNo of shares you own before split Share Price before split Investment Value before split New FV No of shares you own after split Share Price after the split Investment value after split1:11010090090,000520045090,0001:51010090090,000250018090,000 Similar to bonus issue, stock split is usually to encourage more retail participation by reducing the value per share.
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