Sentences with phrase «in share premium»

The prior GBP 20 million reduction in share premium was mostly absorbed by losses & write - downs, so we suggest a further GBP 40 million reduction in share premium (to create new distributable reserves)-- followed by a GBP 20 million tender offer.

Proposal A: Create a new GBP 40 million reduction in share premium, execute a GBP 20 million tender offer (at a 20 % discount to NAV), and review & repeat if necessary.

In my most recent letter, I proposed a GBP 40 million reduction in share premium — in the 2014 AGM Notice, I'm delighted to see Resolution 9: «That the share premium account of the Company be reduced by # 40,000,000.»

The recommended # 40 million reduction in share premium was completed a year ago, to enable a # 20 million tender offer which unfortunately didn't complete'til May this year.

At Icelandic Glacial ™ we believe in sharing our premium water with the world and doing so with environmentally sound practices.

Not exact matches

While shareholders will receive only the slightest of premiums on their 12 - cent share price, the big winners are bondholders, who will recoup a greater share of their loans and not be saddled with stock in an operationally troubled and undercapitalized company.

Cost - sharing reduction payments were equivalent to close to 10 % of premium revenue in 2015, so insurers simply can not afford to ignore uncertainty about that quantity of money.»

The company's shares fell as much as 8.1 percent in after - market trading as sales of its premium non-invasive device, used to replace diseased aortic valves without open - heart surgery, is its biggest growth driver.

Sanofi said on Monday it would pay 45 euros per share in cash for Ablynx, a premium of 21.2 percent over its closing price on Friday - and more than double the price before Novo went public with its initial offer.

With Whole Foods shares boosted by Amazon.com's premium, Jana Partners — within a matter of months — pocketed about $ 300 million on its investment in the grocer.

Stella Artois and Michelob Ultra — two of the company's more premium - marketed beers — performed well and continued to gain market share in the U.S.

That willingness to sell his shares back to the company at a premium, a practice known as «greenmail,» led to accusations he was not interested in improving or running the companies he challenged.

Shareholders approved the sale, which paid them $ 13.65 in cash for each share of common stock, a 37 % premium over the recent average closing price.

Apple may still charge a premium for its products, but it will ultimately have to settle for a relatively small market share as a result, just as it has in computers.

Under the deal, PharMerica's shareholders will receive $ 29.25 per share in cash, representing a 16.8 percent premium to the company's Tuesday closing price.

Shares in soon - to - be transformed Croesus Mining have soared after the company completed a $ 7 million capital raising with shares priced at a hefty prShares in soon - to - be transformed Croesus Mining have soared after the company completed a $ 7 million capital raising with shares priced at a hefty prshares priced at a hefty premium.

Amazon offered to buy the company for $ 42 per share, which represented a 27 percent premium at the time of the announcement back in June.

The U.S. pharmacy manager's shareholders will receive $ 29.25 per share in cash, representing a 16.8 percent premium to the company's Tuesday closing price.

Salesforce will pay $ 44.89 per share for MuleSoft, a 36 percent premium — each MuleSoft share will equal $ 36 in cash and 0.0711 shares of Salesforce common stock, the companies said.

The Chinese group is offering S$ 3.38 in cash per share, representing 81 percent premium over its 12 - month volume weighted average price and a 25 percent premium over its last full trading day before the announcement.

United Technologies will pay $ 140 a share in cash and stock, an 18 percent premium to Rockwell's closing price last week before news of the deal broke.

«Our proposal provides Qualcomm stockholders with a substantial and immediate premium in cash for their shares, as well as the opportunity to participate in the upside potential of the combined company,» Hock Tan, Broadcom's CEO, said in a statement.

While overall smartphone market growth has slowed in recent years, we continue to see good opportunities for Apple to gain market share in both developed and emerging markets due to its significantly superior user experience, human - computer interface, and premium branding.

Sanofi said on Monday it would pay 45 euros per share in cash for Ablynx, a premium of 21.2 % over its closing price on Friday — and more than double the price before Novo went public with its initial offer.

The all - cash $ 15.25 per share offer represents a 13 percent premium to Calpine's closing price on Thursday, and the company's shares were up 9.7 percent at $ 14.81 in premarket trading on Friday.

Mylan (MYL) will pay $ 205 per share in cash and stock for the Ireland - based drugmaker, representing a 24.2 % premium over its closing price Tuesday.

Fusion went on to make several play opening green fields discoveries in West Africa and listed on the UK AIM market for 50 pence a share, representing a 10 fold premium for seed investors.

Microsoft Corp., which is in Redmond, Washington, is paying $ 196 for each share of LinkedIn Corp., a 50 per cent premium over the stock's closing price of $ 131.08 on Friday.

Verizon Communications Inc. will pay $ 50 in cash for each share of AOL Inc., also based in New York, a 15 percent premium to its closing price on Monday.

Louisiana - Pacific said it will pay C$ 3.76 per share for all of the remaining common shares in the Canadian lumber company, resulting in an approximate 30 per cent premium over the company's closing price of C$ 2.89 on Sept. 3.

Abbott's revised offer of $ 51 per share represents a premium of 20.5 % to Alere's closing price on Thursday, but is below the earlier $ 56 - per - share offer announced in February last year.

Analysts, who remain concerned about the 32 % premium on MuleSoft's share value, have said it is likely the largest acquisition in the history of software.

The $ 20 billion semiconductor manufacturer Microchip Technology announced in March its plans to acquire Microsemi for $ 8.3 billion, a premium of around 7 % from the company's share price at the time of the acquisition.

The cash - and - stock deal values Andeavor, formerly known as Tesoro, at about $ 152 per share, a premium of about 24 percent to closing prices on Friday, driving shares 14.5 percent higher in initial premarket trading on Monday.

SABMiller immediately issued its own statement saying it still didn't like the terms of the new offer, which would give its public shareholders 42.15 pounds a share in cash, a premium of 44 % over where the shares were trading before news of AB InBev's intention to bid leaked out last month.

The merger terms represent around an 18.9 percent premium to Worldpay's closing share price in London on July 3, a day before the payments firm announced that it had been approached for an acquisition separately by both Vantiv and JPMorgan Chase.

SABMiller's strategic shareholders, who hold 41 % of the company's stock, would receive a lower offer worth 37.49 a share paid overwhelmingly in the form of a new class of unlisted share with a five - year lock - up period (a premium of only 28 %).

Apollo said it will pay $ 17.12 per share in cash for ClubCorp, a 30.7 percent premium over its closing price on Friday, but less than the 12 - month high of $ 17.50 the shares reached in February, on investor expectations that a sale process first reported by Reuters in January would be successful.

Since each call option accounts for 100 shares of stock, this trade is worth nearly $ 2 million in premium and sees profits if Microsoft rises above $ 50, or more than 5 percent, by Oct. 30.

Dai - ichi Life Co., a Japanese life insurance company, has agreed to buy Birmingham, Ala. - basedProtective Life Corp. (NYSE: PL) for $ 5.7 billion, or $ 70 per share in cash (19 % premium over yesterday's closing price.

Maple is offering $ 48 in cash and shares for the TMX, representing a 24 % premium to the LSE merger — which it calls a «takeover» in its press release — as of May 12.

At Gordon Grade Coffee Company's office in Midtown Manhattan, 2,000 individual servings of Dr. Drip's eco-friendly premium drip coffee are ready to be shared with the masses.

It is generally the most popular account, since there's no guesswork or risk involved in contributions: workers are told the size of their weekly premium bill, then their share of the bill is deducted from paychecks and paid into the FSA accordingly.

That may explain why Japan's Suntory jumped ahead of a number of European suitors, including France's Pernod Ricard, to bid for Beam last month — offering to pay Beam stockholders $ 83.50 per share, a 25 % premium over the stock's then - market price of around $ 67, in addition to assuming some $ 2.4 billion in company debt.

In addition, the individual and employer mandates will disappear and tax deductions would replace the premium and cost - sharing subsidies under Obamacare.

Alaska's offer of $ 57 per share in cash represents a premium of about 47 percent to Virgin's Friday's close.

Vectren shareholders will receive $ 72 in cash for each share, representing a premium of nearly 10 % to Vectren's Friday close.

The deal values Andeavor, formerly known as Tesoro, at about US$ 152 per share, a premium of about 24 per cent to closing prices on Friday, driving shares in the San Antonio - based firm 14 per cent higher in premarket trading on Monday.

I've flagged it as an option for Constellation in the past, as its premium beer offers the fat margins Constellation is seeking, while its share - price decline has made Boston Beer more vulnerable.

One possible source of the equity premium (meaning shares are more expensive to issue than bonds) is a central bank as lender of last resort - even in the absence of taxes, bankruptcy, etc..