Rights plans (i.e. poison pills) usually provide that in the event of a hostile bid all security holders (except for the bidder) are entitled to
purchase additional shares at a deep discount.
This is predicated not on selling your common stock positions during market declines, but on having the perseverance to use these inevitable sell - offs to
purchase additional shares at lower prices.
Ex-rights - Ex-rights refer to the purchase of stock that no longer has the option for the investor to
purchase additional shares at below market price.
Ex-rights refer to the purchase of stock that no longer has the option for the investor to
purchase additional shares at below market price.
In fact
I purchased some additional shares at the end of June for $ 4.95 per share.
Not exact matches
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.
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.
Charoen gained the upper hand when he amassed a stake of more than 40 percent in F&N by
purchasing an
additional 90.8 million
shares, or a 6.3 percent stake in F&N,
at S$ 9.55 each on Friday and another 2.2 million
shares on Saturday.
There were also employee
share options outstanding to
purchase up to an
additional 3.4 million
shares,
at a weighted average exercise price of $ 31.37 per
share, 0.8 million of which were fully vested; equity - settled
share appreciation rights (SARs) for 0.2 million
shares,
at a weighted average measurement price of $ 32.18, all of which, excluding SARs for approximately 1,000
shares, were fully vested; and restricted
share units (RSUs) covering 13.0 million
shares, of which RSUs to acquire 4.3 million
shares were fully vested.
Cenovus has granted the underwriters an over-allotment option to
purchase up to an
additional 10.125 million common
shares at the offering price for up to 30 days after closing.
Should the deal's underwriters exercise an option to
purchase up to 2.4 million
additional shares, Ardagh said it could raise as much as $ 372.6 million (352.2 million euros)
at the top of its price range.
The bank has granted the Underwriters an option, exercisable in whole or in part, to
purchase up to an
additional 2 million Preferred
Shares Series BK
at the same offering price.
(d) by causing Retrophin to pay cash to himself, Biestek, and Fernandez so that he would not have to invest $ 731,778 of his own funds in the February PIPE, and by using PIPE proceeds in contravention of the terms of the Securities
Purchase Agreement to fund investments by Shkreli, Biestek and Fernandez, resulting in an
additional benefit to Shkreli alone of $ 360,000 in cash and 180,000 Retrophin
shares and warrants worth more than $ 5.3 million (
at current market prices).
In making this determination, the underwriters will consider, among other things, the price of
shares available for
purchase in the open market compared to the price
at which the underwriters may
purchase shares through the option to
purchase additional shares.
Our principal stockholders, funds affiliated with or related to Cyrus Capital Partners, L.P. (which we refer to in this prospectus collectively as «Cyrus Capital») and affiliates of Virgin Group Holdings Limited (which we refer to in this prospectus collectively as the «Virgin Group»), as selling stockholders, have granted the underwriters an option to
purchase up to
additional shares of common stock
at the initial public offering price less the underwriting discount solely to cover overallotments.
The Company has granted the Agents an over-allotment option, exercisable in whole or in part, for a period of 30 days following the closing of the Offering, to
purchase up to an
additional 4,726,500 Units
at $ 3.65 per Unit, 4,726,500 Common
Shares at the price of $ 3.62 per
Share or 2,363,250 Warrants
at the price of $ 0.06 per Warrant, or any combination thereof.
Victory Capital Management Inc. now owns 485,087
shares of the insurance provider's stock valued
at $ 33,422,000 after
purchasing an
additional 70,992
shares during the period.
I use them to
purchase more
shares, so
at $ 30 per
share I can
purchase an
additional 3.33
shares and now have a total of 103.33
shares of Monk Mart.
In addition, Dropbox has granted the underwriters a 30 - day option to
purchase up to 5,400,000
additional shares of Class A common stock
at the initial public offering price less underwriting discounts.
Valley National Advisers Inc. now owns 2,385
shares of the industrial products company's stock valued
at $ 108,000 after
purchasing an
additional 1,590
shares in the last quarter.
We
purchased additional shares of Wells Fargo (increasing our ownership to 9.2 % versus 8.7 %
at year end 2012) and IBM (6.3 % versus 6.0 %).
RIBT will
purchase organic rice bran from the Narula Group
at an agreed price and the Narula Group will receive an
additional amount based on a portion of the achieved margin earned by RIBT on the sale of products derived from that organic rice bran («Achieved Margin
Share»).
We
purchased additional common
shares of Kingstone Companies, Inc. (NASDAQ: KINS) in late January when the company raised capital in a follow - on offering
at $ 12 per
share.
Purchased 23
additional shares of ADM
at $ 41.25 with just over $ 900 in accumulated cash dividends, raises meter reading $ 29.44
Tallwood will also receive warrants to
purchase an
additional 7.8 million
shares of common stock
at $ 1.75 per
share.
Your dividend distributions are used to
purchase additional shares of the security, often
at a discount.
Once an account is opened,
additional purchases of Fund
shares may be made
at any time in minimum amounts of $ 100.
I
purchased an
additional 100
shares of T
at $ 37.1359 /
share.
I should also note that when I
purchased my
shares of WM I also sold a put option in the hopes to get an
additional hundred
shares at a lower price.
What I can say from a strategic perspective is that 1) I like a
purchase of assets
at historically low prices, 2) MFC has some expertise in the commodity business so this isn't completely outside their playing field, 3) perhaps, worst case, there could be a strategy to
purchase the assets in bulk
at a distress sale and then sell them off piecemeal for a profit, and 4) while this may be a role of the dice (who knows where gas prices will be a year from now) MFC is not betting the ranch; the total investment will be about CDN $ 75 million ($ 33 for the outstanding
shares, $ 8 million for the warrants, $ 30 million
additional investment and I've estimated $ 4 million for transaction costs), or less than 25 % of MFC's current cash hoard.
The warrants entitle the holder to
purchase additional GYRO
shares on the following terms; a warrant holder who exercises his / her warrants can
purchase one common
share of Gyrodyne
at $ 53.00 for every 7.5 warrants exercised.
When I
purchased additional C
shares (after the «dividend») they were trading
at something like a 4 % discount to the A
shares.
If not all warrants are exercised, those warrant holders who exercise all of their warrants will be able to
purchase additional common
shares at the exercise price ($ 53) on a pro rata basis.
Clearly I can increase my upside by
purchasing additional shares under the oversubscription facility, if they are available; the more
shares I can get my hands on
at the $ 2.75 rights exercise price, the lower my average price will be.
Rights issue of TTT: no date or details given, but based on the
share count provided for the phase 3 spinoff of KID
shares it could be assumed that rights will be issued on a 1:4 basis, 1 right for each 4
shares of TTT held, each right allowing the holder to
purchase 1
additional share of TTT
at some to - be-determined discount.
On October 1, 2008, Pershing Square exercised the right in paragraph 3 above to require the company to issue further warrants to
purchase 5.15 M
shares at $ 7.00 per
share, which means Pershing Square controls warrants covering an
additional 14,700,000
shares.
Berkshire Hathaway has maintained its strong financial positiona nd it would seem constructive to authorize the Directors,
at their discretion, to
purchase additional shares for retirement.»
On June 28, 2013, your spouse receives a dividend from the fund, most of which is used to automatically
purchase 22
additional shares of XEC
at $ 18.71 (for a total DRIP of $ 411.62).
Do the Tangerine portfolios automatically reinvest the dividends earned by
purchasing additional shares of the fund or so I need to instruct them to do so
at the time of
purchase?
I use them to
purchase more
shares, so
at $ 30 per
share I can
purchase an
additional 3.33
shares and now have a total of 103.33
shares of Monk Mart.
Foley Hoag LLP congratulates client Applied Genetic Technologies Corporation (Nasdaq: AGTC) on the closing of its public offering of 2 million
shares of its common stock,
at the price of $ 15.00 per
share, and the exercise in full by the underwriters of their option to
purchase 300,000
additional shares of common stock.
In order to enable LIC to
purchase this
additional stake, OBC will be offering an estimated Rs. 21.5 million
shares at Rs. 82.79 for each
share.
The Company has also granted the underwriters a 30 - day over-allotment option to
purchase up to an
additional 1,200,000 common
shares of the Company
at the Offering Price.
I only
share what I feel is useful to my readers and 100 % of the commentary and opinions
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