We know that Warren Buffett's Berkshire Hathaway hasn't paid a dividend in more than 30 years because Buffett feels that the return on capital that he generates by retaining those earnings will create eventual
share price appreciation value for the shareholder that will exceed the share price / dividend capital appreciation that his shareholders would receive.
We know that Warren Buffett's Berkshire Hathaway hasn't paid a dividend in more than 30 years because Buffett feels that the return on capital that he generates by retaining those earnings will create eventual
share price appreciation value for the shareholder that will exceed the share price / dividend capital appreciation that his shareholders would receive.
Not exact matches
For nonstatutory stock options and stock
appreciation rights, the participant will recognize ordinary income upon exercise in an amount equal to the difference between the fair market
value of the
shares and the exercise
price on the date of exercise.
The performance goals upon which the payment or vesting of any Incentive Award (other than Options and stock
appreciation rights) that is intended to qualify as Performance - Based Compensation depends shall relate to one or more of the following Performance Measures: market
price of Capital Stock, earnings per
share of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise
value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return on invested
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.
Upon exercise of a stock
appreciation right, the holder of the award will be entitled to receive an amount determined by multiplying (i) the difference between the fair market
value of a
Share on the date of exercise over the exercise
price by (ii) the number of exercised
Shares.
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.
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.
The committee may deem that a holder of options or stock
appreciation rights has exercised such options or rights on the expiration date using a net
share settlement method of exercise if, on that expiration date, the options or rights are vested and the exercise
price is less than the then fair market
value of the
Shares.
Shares were picked over stock options or other profit -
sharing securities, such as stock
appreciation rights, because they're easier to explain and retain
value even if the stock
price falls, Stavros says.
Subject to the provisions of our 2016 Plan, the administrator determines the other terms and conditions of stock
appreciation rights, including when such rights become exercisable and whether to pay any increased
appreciation in cash or with
shares of our 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 will be no less than 100 % of the fair market
value per
share on the date of grant.
Stock
appreciation rights provide for a payment, or payments, in cash or
shares of our Class A common stock, to the holder based upon the difference between the fair market
value of our Class A common stock on the date of exercise and the stated exercise
price at grant up to a maximum amount of cash or number of
shares.
Subject to the provisions of our 2010 Plan, the administrator determines the terms of stock
appreciation rights, including when such rights vest and become exercisable and whether to settle such awards in cash or with
shares of our 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 will be no less than 100 % of the fair market
value per
share on the date of grant.
Subject to the provisions of our 2013 Plan, the administrator determines the other terms of stock
appreciation rights, including when such rights become exercisable and whether to pay any increased
appreciation in cash or with
shares of our 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 will be no less than 100 % of the fair market
value per
share on the date of grant.
Upon exercise of a stock
appreciation right, the participant will receive payment from the Company in an amount determined by multiplying (a) the difference between (i) the fair market
value of a
share on the date of exercise and (ii) the exercise
price times (b) the number of
shares with respect to which the stock
appreciation right is exercised.
Stock
appreciation rights provide for a payment, or payments, in cash or
shares of our common stock, to the holder based upon the difference between the fair market
value of our common stock on the date of exercise and the stated exercise
price of the stock
appreciation right.
The exercise
price of a stock
appreciation right will be established by the plan administrator and may not be less than 100 % of the fair market
value of a
share on the date of grant.
A stock
appreciation right entitles the recipient to receive an amount equal to the excess of the fair market
value of a
share on the date of exercise over the exercise
price thereof.
(gg) «Stock
Appreciation Right» or «SAR» means a right granted under Section 8 which entitles the recipient to receive an amount equal to the excess of the Fair Market
Value of a
Share on the date of exercise of the Stock
Appreciation Right over the exercise
price thereof on such terms and conditions as are specified in the agreement or other documents evidencing the Award (the «SAR Agreement»).
Growth in
share value is called
price appreciation, and some of the funds you consider may be called
price appreciation funds.
In return, homeowners and investors would
share the
value of any home
price appreciation that occurred after the sale.
Value traps — for purposes of investing — are defined as: «situations in which shareholder value exists but is never realized in the form of market appreciation in stock price to roughly equate with intrinsic value, dividends or legitimate share repurchases.&r
Value traps — for purposes of investing — are defined as: «situations in which shareholder
value exists but is never realized in the form of market appreciation in stock price to roughly equate with intrinsic value, dividends or legitimate share repurchases.&r
value exists but is never realized in the form of market
appreciation in stock
price to roughly equate with intrinsic
value, dividends or legitimate share repurchases.&r
value, dividends or legitimate
share repurchases.»
Finally if Levy, in his heart of hearts, wanted to realize the
share price appreciation and he / his compadres thought there was
value, they'd simply buy back stock or sell assets — you were spot on.
Owning
shares of stock or stock funds might increase the
value of your portfolio in one of two fundamental ways: capital
appreciation (i.e.,
price increases) and dividend payments.
The Compensation Committee, in its sole discretion, may grant stock
appreciation rights which allow the grantee to elect to receive upon the exercise of the option
shares of stock with an aggregate fair market
value equal to the excess of the fair market
value of the
shares of stock with respect to which the option is exercised over the aggregate exercise
price of the option as determined on the exercise date.
Since 2012, home
price appreciation has largely contributed to the increase in the owners» equity
share of home
values.