Examples of São Paulo Stock Exchange in a sentence
The exercise price of each series is fixed taking into consideration the average stock price at the São Paulo Stock Exchange over the period from one to three months prior to the issuance of options - subject to a positive or negative adjustment of up to 20% - at the option granting date and restated at the IGP-M until the month prior to the option exercise date.
The principal market on which the preferred shares of TCO are traded is the São Paulo Stock Exchange, where they are listed under the ticker symbol “TCOC4.” ADSs representing preferred shares of TCO are traded on the New York Stock Exchange under the ticker symbol “TRO.” Each ADS represents 3,000 preferred shares of TCO.
Based on the regulations of the Brazilian Securities Commission and the New York Stock Exchange, TCP does not believe that its purchase of preferred shares in the tender offer will cause the remaining outstanding preferred shares to be delisted from the São Paulo Stock Exchange or to cause the remaining ADSs to be delisted from the New York Stock Exchange.
Shareholders may be able to sell non-tendered common shares and preferred shares in the future on the São Paulo Stock Exchange or otherwise at a net price higher or lower than the purchase price in the tender offer, and holders of ADSs may be able to sell ADSs in the future on the New York Stock Exchange at a net price higher or lower than they might obtain by participating in the tender offer.
The preferred shares purchased in the tender offer will be purchased through an auction on the São Paulo Stock Exchange.
Shareholders may be able to sell non-tendered preferred shares in the future on the São Paulo Stock Exchange or otherwise at a net price higher or lower than the purchase price in the tender offer, and holders of ADSs may be able to sell ADSs in the future on the New York Stock Exchange at a net price higher or lower than they might obtain by participating in the tender offer.
Based on the regulations of the Brazilian Securities Commission and the New York Stock Exchange, Brasilcel does not believe that its purchase of common shares or preferred shares in the tender offer will cause the remaining outstanding common shares and preferred shares to be delisted from the São Paulo Stock Exchange or to cause the remaining ADSs to be delisted from the New York Stock Exchange.
The common shares and preferred shares purchased in the tender offer will be purchased through separate auctions on the São Paulo Stock Exchange.
The tender offer offers holders of TCO preferred shares the opportunity to sell preferred shares at a 20% premium over the volume weighted average prices of shares of that class on the São Paulo Stock Exchange over the 30 trading days up to and including August 24, 2004, the date of announcement of the tender offer.
Aura Minerals is a public company listed on the Toronto Stock Exchange (Symbol: ORA) and on the São Paulo Stock Exchange – B3 (Symbol: AURA33).