We wrote on Friday that they represent the lowest risk investment for any company with undervalued stock and we've written on a number of other occasions about their positive effect on
per share value in companies with undervalued stock.
Assuming the board acts quickly to salvage what remains of CRC, we estimate the company's
per share value in liquidation at around $ 2.45 or $ 15M in toto.
Not exact matches
Warren Buffett's Berkshire Hathaway raised its
per -
share book
value 14.4 %
in 2012, less than the S&P 500's 16 % total return.
Using these
value - added data, Flatness and Rasmussen calculated that the U.S.
share of automobile imports —
in other words, the amount of American made parts
in cars and trucks imported from Canada and Mexico — dropped to about 12
per cent
in 2011 from about 19
per cent
in 1995.
China's
share of
value - added
in U.S. automobile imports rose to 7.3
per cent
in 2011 from almost nothing
in 1995.
In the opinion of the Company's management, adjusted book value per share is useful in an analysis of a property casualty company's book value per share as it removes the effect of changing prices on invested assets (i.e., net unrealized investment gains (losses), net of tax), which do not have an equivalent impact on unpaid claims and claim adjustment expense reserve
In the opinion of the Company's management, adjusted book
value per share is useful
in an analysis of a property casualty company's book value per share as it removes the effect of changing prices on invested assets (i.e., net unrealized investment gains (losses), net of tax), which do not have an equivalent impact on unpaid claims and claim adjustment expense reserve
in an analysis of a property casualty company's book
value per share as it removes the effect of changing prices on invested assets (i.e., net unrealized investment gains (losses), net of tax), which do not have an equivalent impact on unpaid claims and claim adjustment expense reserves.
Adjusted book
value per share is total common shareholders» equity excluding net unrealized investment gains and losses, net of tax, included
in shareholders» equity, divided by the number of common
shares outstanding.
3i Group, meanwhile, popped 2 percent after reporting a lower return
in the first half of its fiscal year but an increase
in net asset
value per share.
Whole Foods stock jumped more than 30 percent to about $ 43
per share on Friday, following Amazon's announcement that it plans to acquire the high - end grocery chain
in a deal
valued at $ 13.7 billion.
The company, which has seen its
shares soar 31
per cent
in value so far this year, estimates that deal will translate into a retail
value of $ 40 million to $ 60 million.
The acquisition, expected to close
in the first quarter of 2016,
values Broadcom at $ 54.50
per share in cash — well higher than Broadcom's $ 47.06
per share closing price on Tuesday, but below Wednesday's media - fueled closing price of $ 57.16.
His last open letter to shareholders makes the point clearly about investing
in creating
value — «Berkshire's gain
in net worth during 2016 was $ 27.5 billion, which increased the
per -
share book
value of both our Class A and Class B stock by 10.7 %.
Shake Shack, a burger chain founded
in New York City, has disclosed it expects to price the company's initial public offering between $ 14 to $ 16
per share in a deal that Reuters estimates could
value the company at up to $ 568 million.
(The highest competing bid at the time, from investor Carl Icahn and Southeastern Asset Management, was
valued at a little over $ 14
per share, but had arguable downsides
in its details.)
Meredith has reached a deal to acquire Time, Inc, for $ 18.50
per share in an all - cash transaction
valued at $ 2.8 billion.
«Broadcom is well aware there is no «reduction of
value by $ 4.10
per share» because the transaction could not be completed at $ 110.00
per share,» Qualcomm said
in a statement.
As we proposed at our dinner, if the company decided to borrow the full $ 150 billion at a 3 % interest rate to commence a tender at $ 525
per share, the result would be an immediate 33 % boost to earnings
per share, translating into a 33 % increase
in the
value of the
shares, which significantly assumes no multiple expansion.
According to Martin,
in addition to the revenue gains, Pokémon Go alone could add $ 5.5 billion to Apple's market cap over the next two years, or about $ 1
per share of added
value.
Activist hedge fund Elliott, which had resisted Qualcomm's previous $ 110
per share offer saying it undervalued NXP, said it was pleased that NXP's
value had been recognized
in the revised transaction terms.
Biopharmaceutical company Parexel confirmed Tuesday morning it will be acquired by Pamplona Capital for $ 88.10
per share in cash,
in a transaction
valued at approximately $ 5 billion.
Since the leveraged buyout, SRC's sales have grown 40 %
per year and are expected to reach $ 42 million
in fiscal 1986; net operating income has risen to 11 %; the debt - to - equity ratio has been cut from 89 - to - 1 to 5.1 - to - 1; and the appraised
value of a
share in the company's employee stock ownership plan has increased from 10?
But this might not reflect an increase
in earnings
per share because of actual
value creation, but because of simple math: Earnings
per share is profit divided by
shares outstanding.
The Danish company said it would pay 28.00 euros
per share in cash for Ablynx and an additional 2.50 euros
in a so - called contingent
value right (CVR) if certain conditions related to other drugs
in Ablynx's research portfolio were met.
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.
The
value of
shares and other equities gained 3.7
per cent
in the quarter, while the
value of household real estate gained 1.5
per cent.
Then, having not reached an agreement with Barnes & Noble by November, Sandell proposed to take Barnes & Noble private
in a deal that
valued the company at more than $ 650 million, or over $ 9
per share.
The deal to acquire more than 1,500 locations
in 13 states
values North Carolina - based company at US$ 1.7 billion, with Couche - Tard paying US$ 36.75 cash
per share.
Seedrs makes money by taking roughly 6
per cent commission on funds raised, and then a
share of any increase
in value when the company is sold — similar to the «carry» earned by private equity firms.
However, the patent market has cooled since those deals were made and industry experts say that fair
value of patents
in large portfolios is $ 100,000 to $ 200,000, pricing Nokia's portfolio at up to 0.50 euros
per share.
The all - cash deal
values KLX at $ 63
per share, Boeing said
in a statement.
Gannett, the biggest U.S. newspaper publisher by circulation, made an unsolicited $ 12.25
per share takeover offer for Tronc — formerly Tribune Publishing —
in April,
valuing the company at about $ 815 million.
In some cases, the stock is trading for less than the $ 23 per share it was valued at during Magic Leap's last round of funding in February 201
In some cases, the stock is trading for less than the $ 23
per share it was
valued at during Magic Leap's last round of funding
in February 201
in February 2016.
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.
DALLAS and NEW YORK CITY, Oct. 22, 2016 — AT&T Inc. (NYSE: T) and Time Warner Inc. (NYSE: TWX) today announced they have entered into a definitive agreement under which AT&T will acquire Time Warner
in a stock - and - cash transaction
valued at $ 107.50
per share.
Echelon is now focusing its growth on «smart» commercial & municipal LED lighting (although its fab-less chip business has apparently now stabilized after a long decline), and if the lighting business accelerates (and it could, due to recent sales force hires and new products), I think there's a chance it can hit a break - even annualized revenue run - rate of $ 40 million by Q4 - 2019 (pushed back from my earlier hoped - for timeline) at which point — assuming $ 14 million of remaining net cash (vs. an estimated $ 18 million at the end of Q2 2018) and 4.7 million
shares outstanding (vs 4.52 million today), an enterprise
value of 1x revenue on this 53 % gross margin company would put the stock
in the mid - $ 11s
per share.
If you purchase
shares of our common stock
in this offering, you will experience immediate and substantial dilution of $
in the net tangible book
value per share, assuming an initial public offering price of $
per share (the midpoint of the price range set forth on the front cover of this prospectus).
Fresenius had offered $ 34
per share for Akorn last April
in a deal that
valued the group at 4.3 billion plus approximately $ 450 million of net debt.
Notwithstanding the foregoing, Stock Appreciation Rights may be granted with a
per Share exercise price of less than one hundred percent (100 %) of the Fair Market
Value per Share on the date of grant pursuant to a transaction described
in, and
in a manner consistent with, Section 424 (a) of the Code.
Therefore, if you purchase
shares of our Class A common stock
in this offering, you will experience immediate dilution of $
per share, the difference between the price
per share you pay for our Class A common stock and its pro forma net tangible book
value per share as of September 30, 2010, after giving effect to the issuance of
shares of our Class A common stock
in this offering.
In light of the strength we were beginning to experience in our business, we performed a contemporaneous valuation of our common stock as of September 15, 2009 and determined the fair value of our common stock to be $ 3.50 per share as of such dat
In light of the strength we were beginning to experience
in our business, we performed a contemporaneous valuation of our common stock as of September 15, 2009 and determined the fair value of our common stock to be $ 3.50 per share as of such dat
in our business, we performed a contemporaneous valuation of our common stock as of September 15, 2009 and determined the fair
value of our common stock to be $ 3.50
per share as of such date.
Sandell holds a 1.75 percent stake
in Booker and believes that a fair
value for the company's
shares is between 255 pence and 265 pence
per share.
In light of our improved financial performance, we performed a contemporaneous valuation of our common stock as of May 7, 2010 and determined the fair
value of our common stock to be $ 6.20
per share.
The exercise price
per share of each stock appreciation right may not be less than the fair market value of a Share on the date of grant, except in certain situations in which we are assuming or replacing stock appreciation rights granted by another company that we are acqui
share of each stock appreciation right may not be less than the fair market
value of a
Share on the date of grant, except in certain situations in which we are assuming or replacing stock appreciation rights granted by another company that we are acqui
Share on the date of grant, except
in certain situations
in which we are assuming or replacing stock appreciation rights granted by another company that we are acquiring.
Dilution
in pro forma net tangible book
value per share to investors purchasing
shares of our Class A common stock
in this offering represents the difference between the amount
per share paid by investors purchasing
shares of our Class A common stock
in this offering and the pro forma as adjusted net tangible book
value per share of our Class A common stock immediately after completion of this offering.
Subject to the provisions of our 2015 Plan, the administrator will determine the other terms of stock appreciation rights, including when such rights become exercisable and whether to pay any amount of appreciation
in cash,
shares of our Class A common stock, or a combination thereof, except that the
per share exercise price for the
shares to be issued pursuant to the exercise of a stock appreciation right must be no less than 100 % of the fair market
value per share on the date of grant.
Comcast on Nov. 14 offered to acquire most of Fox's assets
in an all - stock deal
valued at $ 34.41
per share, the filings said.
The founders of a startup generally purchase
shares at the time of incorporating the company at a nominal price
per share, such as $ 0.0001
per share, paid
in cash, since at that time the company will have no operating history, few assets and thus little
value.
The purchase price of each
Share will be (i) not less than the net asset
value per Share (the «NAV Per Share») of the Company's common stock (as determined in good faith by the board of directors of the Company or a committee thereof, in its sole discretion) immediately prior to the Expiration Date (as defined in the Offer to Purchase)(the date of repurchase) and (ii) not more than 2.5 % greater than the NAV Per Share as of such date, plus any unpaid dividends accrued through the expiration date of the Tender Off
per Share (the «NAV
Per Share») of the Company's common stock (as determined in good faith by the board of directors of the Company or a committee thereof, in its sole discretion) immediately prior to the Expiration Date (as defined in the Offer to Purchase)(the date of repurchase) and (ii) not more than 2.5 % greater than the NAV Per Share as of such date, plus any unpaid dividends accrued through the expiration date of the Tender Off
Per Share») of the Company's common stock (as determined
in good faith by the board of directors of the Company or a committee thereof,
in its sole discretion) immediately prior to the Expiration Date (as defined
in the Offer to Purchase)(the date of repurchase) and (ii) not more than 2.5 % greater than the NAV
Per Share as of such date, plus any unpaid dividends accrued through the expiration date of the Tender Off
Per Share as of such date, plus any unpaid dividends accrued through the expiration date of the Tender Offer.
We provide information below about (1) the circumstances under which the vesting of these options and stock awards would accelerate upon termination of employment or the consummation of an «acquisition transaction» (as defined below) and (2) the hypothetical
value each such named executive would have received, if any, upon the vesting of any of these option or stock awards as of that date under those circumstances, assuming each named executive's employment with the Company had terminated or the acquisition had been consummated as of December 31, 2011 and based on an NYSE closing price
per share of our common stock of $ 27.56 on December 30, 2011, the last trading date
in 2011.
In terms of the value of transactions, their combined market share has increased from around 14 1/2 per cent in 2003, to around 16 1/2 per cent today; most of this increase took place around the time that two banks began issuing American Express card
In terms of the
value of transactions, their combined market
share has increased from around 14 1/2
per cent
in 2003, to around 16 1/2 per cent today; most of this increase took place around the time that two banks began issuing American Express card
in 2003, to around 16 1/2
per cent today; most of this increase took place around the time that two banks began issuing American Express cards.