Usually these payouts are made in cash (called «cash dividends»), but sometimes companies will also distribute stock dividends, whereby
additional stock shares are distributed to shareholders.
Not exact matches
On the other end of the spectrum, Apple Inc
shares rose 4.4 percent after the company late Tuesday posted resilient iPhone sales in the face of waning global demand and promised $ 100 billion in
additional stock buybacks.
HOUSTON, April 20, 2018 (GLOBE NEWSWIRE)-- Bellicum Pharmaceuticals, Inc. (NASDAQ: BLCM) a clinical stage biopharmaceutical company focused on discovering and developing cellular immunotherapies for cancers and orphan inherited blood disorders, today announced the closing of its previously announced underwritten public offering of 9,200,000
shares of its common
stock, including 1,200,000
shares sold pursuant to the underwriters» full exercise of their option to purchase
additional shares, at a public offering price of $ 7.50 per
share.
«Berkshire does not have any present intention to acquire
additional shares of common
stock of Wells Fargo,» said the filing.
«However, Berkshire routinely assesses market conditions and may decide to purchase
additional shares of common
stock of Wells Fargo based on its evaluation of the investment opportunity presented by such purchases.»
Additionally the company said it's given underwriters a chance to buy an
additional 1.2 million
shares of
stock.
Aaron's has a
stock option plan that, if fully exercised, would dole out to Allen and Aaron's other executives nearly 14.6 million
additional shares, diluting current shareholders by 20 %.
Bellicum expects to grant the underwriters of the offering a 30 - day option to purchase up to an
additional 1,050,000
shares of its common
stock at the public offering price, less the underwriting discounts and commissions.
Pursuant to the offering, Centene granted the underwriters an option to purchase from the Company up to an
additional $ 260 million in
shares of common
stock.
The group led by Stephen Riady's Overseas Union Enterprise threw in the towel after Thailand's TCC Assets, headed by billionaire Charoen Sirivadhanabhakdi, raised its takeover offer for F&N to S$ 9.55 a
share last week and bought
additional stock in the open market to build its existing F&N holding to more than 40 percent.
Raising the dividend by 10 cents per
share will cost Apple an
additional $ 2 billion annually, based on its current outstanding
stock.
As of September 26, 2015, an
additional 179,211
shares of Apple's common
stock were subject to outstanding
stock options assumed in connection with acquisitions of other companies (with a weighted - average exercise price of $ 6.17 per
share).
Persons who have beneficially owned restricted
shares of our common
stock for at least six months but who are our affiliates at the time of, or any time during the 90 days preceding, a sale, would be subject to
additional restrictions, by which such person would be entitled to sell within any three - month period only a number of securities that does not exceed the greater of either of the following:
Effective January 22, 2008, the Board of Directors authorized an
additional 100,000
shares of common
stock for
Additional information about the LTICP and other plans pursuant to which awards in the form of
shares of the Company's common
stock may be made to directors and employees in exchange for goods or services is provided under «Equity Compensation Plan Information.»
In the event the Company issues
shares of
additional stock, subject to customary exceptions, after the preferred
stock original issue date without consideration or for a consideration per
share less than the initial conversion price in effect immediately prior to such issuance, then and in each such event the conversion price shall be reduced to a price equal to such conversion price multiplied by the following fraction:
The
additional shares of common
stock will not be entitled to preemptive rights nor will existing stockholders have any preemptive right to acquire any of those
shares when issued.
The Company's issuance of
shares of common
stock, including the
additional shares that will be authorized if the proposal is adopted, may dilute the equity ownership position of current holders of common
stock and may be made without stockholder approval, unless otherwise required by applicable laws or NYSE regulations.
Additional information about the LTICP and other plans pursuant to which awards in the form of
shares of our common
stock may be made to directors and employees in exchange for goods or services is provided under «Equity Compensation Plan Information.»
NEW YORK — The Federal Reserve Bank of New York approved the application by The Adirondack Trust Company Employee
Stock Ownership Trust, Saratoga Springs, New York, to acquire fifty
additional shares of 473 Broadway Holding Corporation and two thousand
additional shares of The Adirondack Trust Company, both of Saratoga Springs, New York.
creation of
additional shares of Series C convertible preferred
stock; or (iii) effect a change of control, liquidation, dissolution, or winding up of the Company in which the holders of Series C convertible preferred
stock would receive an amount per
share less than the original issue price plus any declared but unpaid dividends on such
shares of Series C convertible preferred
stock.
Because the restricted
shares are accounted for as options, the Notes are not recorded in the accompanying consolidated balance sheets, the
shares are excluded in the totals for common
stock outstanding as of April 30, 2012 and 2013 and December 31, 2013, and compensation cost is recognized over the requisite service period with an offsetting credit to
additional paid - in capital.
Our board of directors is authorized, without stockholder approval except as required by the listing standards of NASDAQ, to issue
additional shares of our capital
stock.
DALLAS, April 19, 2017 / PRNewswire / — NexPoint Credit Strategies Fund (NYSE: NHF)(the «Fund») today announced the commencement of a non-transferable rights offering to purchase
additional shares of common
stock of the Fund (the «Offering») as the Fund's registration statement has been declared effective by the Securities and Exchange Commission.
In connection with the acquisition of XA Secure, the Company also issued 265,012
shares of restricted
stock, issued 318,966 options to purchase the Company's common
stock and may be required to pay an
additional $ 3.92 million to certain key employee - shareholders of XA Secure.
Simply stated a DRIP is a Dividend Reinvestment Plan whereby dividend distributions from your
stock holdings are reinvested to purchase
additional shares.
(a)
Share of total Australian dollar assets (per cent), subcomponents are the share of liquid assets (b) While deposits with other banks are a store of liquidity, they do not contribute to the stock of liquidity held by the banking system as a whole, since the recipient banks will, in turn, need to hold additional liquidity against these deposits; consequently, they are excluded from this table (c) Includes Commonwealth Government Securities and securities issued by the states and territories (d) Includes notes and coins, Australian dollar debt issued by non-residents and securitised assets (excluding self - securitised as
Share of total Australian dollar assets (per cent), subcomponents are the
share of liquid assets (b) While deposits with other banks are a store of liquidity, they do not contribute to the stock of liquidity held by the banking system as a whole, since the recipient banks will, in turn, need to hold additional liquidity against these deposits; consequently, they are excluded from this table (c) Includes Commonwealth Government Securities and securities issued by the states and territories (d) Includes notes and coins, Australian dollar debt issued by non-residents and securitised assets (excluding self - securitised as
share of liquid assets (b) While deposits with other banks are a store of liquidity, they do not contribute to the
stock of liquidity held by the banking system as a whole, since the recipient banks will, in turn, need to hold
additional liquidity against these deposits; consequently, they are excluded from this table (c) Includes Commonwealth Government Securities and securities issued by the states and territories (d) Includes notes and coins, Australian dollar debt issued by non-residents and securitised assets (excluding self - securitised assets)
In the United States last year, close to 20 percent of private - sector employees owned
stock, and 7 percent held
stock options, in the companies where they worked, while about one - third participated in some kind of cash profit -
sharing and one - fourth in gain -
sharing (when workers get
additional compensation based on improvement on a metric other than profits, like sales or customer satisfaction).
The company's board of directors has authorized the repurchase of an
additional 2 million
shares of its common
stock, bringing the total
share authorization under its
share repurchase program to approximately 3.4 million
shares.
on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding
shares of convertible preferred
stock other than Series FP preferred
stock into
shares of Class B common
stock and the conversion of Series FP preferred
stock into
shares of Class C common
stock in connection with our initial public offering, (ii)
stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in
additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per
share, which is the fair value of our common
stock as of December 31, 2016, as we intend to issue
shares of Class A common
stock and Class B common
stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million
shares of Class A common
stock and 5.5 million
shares of Class B common
stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.
In addition, to create incentives for the attainment of clear performance objectives around a key element of our current business plan — the successful launch and commercialization of the Model S — the Board of Directors approved
additional options totaling an
additional 4 % of our fully - diluted
shares as of December 4, 2009, or 10,067,960
stock options, with 1 / 4th of the
shares to vest based entirely on the attainment of each of four performance milestones, assuming continued employment through each vesting date.
The table above does not include (i) 5,952,917
shares of Class A common
stock reserved for issuance under our 2015 Incentive Award Plan (as described in «Executive Compensation — New Employment Agreements and Incentive Plans»), consisting of (x) 2,689,486
shares of Class A common
stock issuable upon exercise of options to purchase
shares of Class A common
stock granted on the date of this prospectus to our directors and certain employees, including the named executive officers, in connection with this offering as described in «Executive Compensation — Director Compensation» and «Executive Compensation — New Equity Awards,» and (y) 3,263,431
additional shares of Class A common
stock reserved for future issuance and (ii) 24,269,792
shares of Class A common
stock issuable to the Continuing SSE Equity Owners upon redemption or exchange of their LLC Interests as described in «Certain Relationships and Related Party Transactions — SSE Holdings LLC Agreement.»
If any
additional shares of Class A common
stock are purchased, the underwriters will offer the
additional shares on the same terms as those on which the
shares are being offered.
The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding
shares of convertible preferred
stock other than Series FP preferred
stock into
shares of Class B common
stock and the conversion of Series FP preferred
stock into
shares of Class C common
stock in connection with our initial public offering, (ii)
stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in
additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per
share, which is the fair value of our common
stock as of December 31, 2016, as we intend to issue
shares of Class A common
stock and Class B common
stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million
shares of Class A common
stock and 5.5 million
shares of Class B common
stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.
You will experience
additional dilution when those holding options exercise their right to purchase common
stock under our equity incentive plans, when RSUs vest and settle, when we issue restricted
stock to our employees under our equity incentive plans, or when we otherwise issue
additional shares of our common
stock.
Amounts from accrued liabilities are transferred into common
stock and
additional paid - in capital as the
shares vest.
Except as otherwise indicated, the discussion and the tables above assume no exercise of the underwriters» option to purchase
additional shares of Class A common
stock.
The underwriters have an option to buy up to 750,000
additional shares of Class A common
stock from us.
The table assumes no exercise by the underwriters of their option to purchase
additional shares of Class A common
stock.
The adjustment assumes there will be no
additional distribution in the event the gross proceeds from the offering exceed the anticipated gross proceeds (including as a result of the exercise by the underwriters of their option to purchase
additional shares of Class A common
stock).
The Company's board of directors also approved an
additional distribution to its members, to the extent the gross proceeds of the Company's planned initial public offering exceed the anticipated gross proceeds (including as a result of the exercise by the underwriters of their option to purchase
additional shares of Class A common
stock), in an amount equal to the product of (A) the increased gross proceeds and (B) 0.273, to be paid from the proceeds of the Company's planned initial public offering.
On the date the
shares subject to this offering are priced, each non-employee director who, as of the date of this offering, is serving on our board of directors and is expected to continue his or her service following this offering will be granted (a) an option to purchase
shares of our Class A common
stock with a grant date fair value of $ 50,000 (or, if such director is unaffiliated with any significant stockholder of the Company, $ 75,000) and (b) to the extent such director is (i) unaffiliated with any significant stockholder of the Company and (ii) the chairman of any committee of our board of directors, an
additional option to purchase
shares of our Class A common
stock with a fair value of $ 10,000 with respect to each such chairmanship.
The pro forma column reflects (a) the redesignation of our outstanding common
stock as Class B common
stock in 2015, (b) the automatic conversion of all
shares of our convertible preferred
stock outstanding as of March 31, 2015 into
shares of our Class B common
stock, (c) the automatic conversion of the convertible preferred
stock warrants to Class B common
stock warrants, and the resulting remeasurement and assumed reclassification of the redeemable convertible preferred
stock warrant liability to
additional paid - in capital, and (d) the filing and effectiveness of our restated certificate of incorporation.
The diagram below depicts our organizational structure immediately following this offering assuming no exercise by the underwriters of their option to purchase
additional shares of Class A common
stock.
Upon the completion of this offering and after giving effect to the planned recapitalization of our common
stock into a single class of common
stock and
stock split, SIH will own
shares of our outstanding common
stock (representing % of the
shares outstanding), our founders and their family trusts will own an aggregate
shares of our outstanding common
stock (representing % of the
shares outstanding) and our employees who received
shares upon the liquidation of the special purpose employee ownership vehicle will own
shares of our outstanding common
stock under a restricted
stock award (representing % of the
shares outstanding), in each case as it relates to the percentage ownership assuming that the underwriters do not exercise their option to purchase
additional shares.
In addition, based on the fair value of the
shares of common
stock of the Company at the time of issuance, the Company recorded an
additional $ 100,000 of
share based compensation expense related to the transaction.
Holders of an aggregate of approximately million
additional shares of our common
stock as of, 2010, will have rights, subject to some conditions and any applicable lock - up agreement described in the «Underwriting» section of this prospectus, to include their
shares in registration statements that we may file for ourselves or other stockholders.
Our board of directors is authorized, without stockholder approval except as required by the listing standards of the, to issue
additional shares of our capital
stock.
Under the tax indemnity and
sharing agreement, we will have the ability to engage in certain otherwise prohibited transactions, such as
additional stock issuances or
stock repurchases during the restricted period, provided we first deliver to EHI a tax opinion acceptable to EHI that doing so will not adversely affect the tax - free treatment of the separation.
To the extent that outstanding options are exercised, new options are granted under our equity incentive plans or we issue
additional shares of common
stock in the future, there will be further dilution to the new investors participating in this offering.