Anti-dilution clause: A clause in the trust indenture of a bond offering which provides that the conversion price (or conversion ratio) of a convertible bond be adjusted in
the case of stock splits or stock dividends paid to common stockholders.
In
the case of a stock split, a company decides to divide its existing shares into multiple shares.
Not exact matches
In no
case, except due to an adjustment to reflect a
stock split or other event referred to under «Adjustments» below, and except for any repricing that may be approved by shareholders, will the plan administrator (1) amend an outstanding
stock option or
stock appreciation right to reduce the exercise price or base price
of the award, (2) cancel, exchange, or surrender an outstanding
stock option or
stock appreciation right in exchange for cash or other awards for the purpose
of repricing the award, (3) cancel, exchange, or surrender an outstanding
stock option or
stock appreciation right in exchange for an option or
stock appreciation right with an exercise or base price that is less than the exercise or base price
of the original award, or (4) take any other action that is treated as a repricing under U.S. generally accepted accounting principles.
In no
case (except due to an adjustment to reflect a
stock split or other event referred to under «Adjustments» below, and except for any repricing that may be approved by shareholders) will the plan administrator (1) amend an outstanding
stock option or
stock appreciation right to reduce the exercise price or base price
of the award, (2) cancel, exchange, or surrender an outstanding
stock option or
stock appreciation right in exchange for cash or other awards for the purpose
of repricing the award, or (3) cancel, exchange, or surrender an outstanding
stock option or
stock appreciation right in exchange for an option or
stock appreciation right with an exercise or base price that is less than the exercise or base price
of the original award.
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 the
case of individual stockpicking, an investor is confronted with commissions and fees associated with multiple
stocks, dividend inflows, dealing with
splits, acquisitions, spinoffs, etc..
The broker can
split the bid - ask spread with the investor when matching buy and sell orders - a win - win situation in most
cases Since investor money is pooled before
stocks are bought or sold, it enables investors to contribute small amounts
of cash using which fractional shares
of specific
stocks can be purchased.
In this
case, he found an even
split of 50 %
stocks and 50 % bonds gave the Kirks the best chance
of success.
Similar with the above
case, if the total outstanding shares is 10,000, then after
stock split of 2:1, the total shares will increase to 20,000 and
stock price will get halved.
Instead
of stock splits, the founding crypto - asset gets denominated in smaller and smaller units; in this
case 1000 to one.