It assigns a $ 2.60 per
share value of the cash.
Not exact matches
The CEOs tend to be unassuming folk who ignore management trends to concentrate on the nuts and bolts
of running a business — focusing on earnings per
share instead
of worrying about top - line growth, for example, and working to preserve
cash flow instead
of increasing earnings to build shareholder
value.
It's not the fairy - tale ending many wanted, but it gave shareholders $ 4.50 a
share in
cash (up from a low
of $ 2.19 in January) and demonstrated the
value of knowing when to abandon a dream, take the money, and move on.
The aggregated
value of cash only takeovers so far in 2018 has risen by 33 percent year - on - year while the
value of deals using
cash and stock has risen by 221 percent, as companies look to exploit their buoyant
share valuations.
But, Jason said, for the next decade they plan to restrict themselves to just living on the
cash flowing from investments and ignore any capital or market increases in the
value of properties, pensions, and
shares.
The talks are advanced and would likely see Aetna
valued at between $ 200 and $ 205 a
share and be comprised mainly
of cash, the Journal reported.
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.
Phoenix Gold has reiterated shareholders should reject a
cash and scrip takeover offer from Evolution Mining, even though a rise in Evolution's
share price has boosted the
value of the deal.
That increases the
shares outstanding and dilutes the stake
of existing shareholders, since
shares issued by the company through the exercise
of options are not sold in exchange for
cash at fair market
value but are exercised at a discount.
Such risks, uncertainties and other factors include, without limitation: (1) the effect
of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels
of end market demand in construction and in both the commercial and defense segments
of the aerospace industry, levels
of air travel, financial condition
of commercial airlines, the impact
of weather conditions and natural disasters and the financial condition
of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization
of the anticipated benefits
of advanced technologies and new products and services; (3) the scope, nature, impact or timing
of acquisition and divestiture or restructuring activity, including the pending acquisition
of Rockwell Collins, including among other things integration
of acquired businesses into United Technologies» existing businesses and realization
of synergies and opportunities for growth and innovation; (4) future timing and levels
of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability
of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope
of future repurchases
of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level
of other investing activities and uses
of cash, including in connection with the proposed acquisition
of Rockwell; (7) delays and disruption in delivery
of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits
of organizational changes; (11) the anticipated benefits
of diversification and balance
of operations across product lines, regions and industries; (12) the outcome
of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact
of the negotiation
of collective bargaining agreements and labor disputes; (15) the effect
of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect
of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect
of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act
of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability
of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition
of conditions that could adversely affect the combined company or the expected benefits
of the merger) and to satisfy the other conditions to the closing
of the pending acquisition on a timely basis or at all; (18) the occurrence
of events that may give rise to a right
of one or both
of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee
of $ 695 million to United Technologies or $ 50 million
of expense reimbursement; (19) negative effects
of the announcement or the completion
of the merger on the market price
of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation
of their businesses while the merger agreement is in effect; (21) risks relating to the
value of the United Technologies»
shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability
of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
The
cash - and - stock deal
values Andeavor at about $ 152 per
share, representing a premium
of about 24 % to Andeavor stock's close on April 27.
With 559m
shares on issue, a fully dispersed $ 638m worth
of net present
value would equate to $ 1.14 a
share and that's in addition to the
value that currently exists in the company from the Mt Marian project and its sizeable pile
of cash.
Angel investors normally provide capital for start - ups or businesses in the early stage
of growth in exchange for equity, or in some cases, convertible notes, that converts into
shares or
cash value at a point later on.
On April 25th, 2018, Globalstar announced that it has signed a merger agreement with Thermo Acquisitions, Inc., pursuant to which the following assets will be combined with the former: metro fiber provider FiberLight, LLC; 15.5 million
shares of common stock
of CenturyLink, Inc.; $ 100 million
of cash and minority investments in complementary businesses and assets
of $ 25 million in exchange for Globalstar's common stock
valued at approximately $ 1.65 billion, subject to adjustments.
Comcast CEO Brian Roberts says his company's
cash offer
values each Sky
share at 12.50 pounds, 16 percent higher than the 21st Century Fox offer
of 10.75 pounds.
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.
Gifting «appreciated assets» — stocks, bonds or mutual fund
shares that you've held for more than one year and that have increased in
value — to charity often flies under the radar due to the popularity
of cash donations.
Pfizer shareholders can elect to receive
cash instead
of new
shares, but only up to a combined
value of $ 12 billion.
Alaska Air Group, parent company
of Alaska Airlines, announced plans Monday to acquire Virgin America in a deal the company
valued at $ 57 a
share in
cash.
Sainsbury's will pay Walmart # 2.9 billion ($ 3.9 billion) in
cash and give the retail giant 42 %
of shares of the combined business under the terms
of the deal,
valuing Asda at $ 10 billion (# 7.3 billion).
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.
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
Each member
of the Board and our Chief Executive Officer is subject to the following minimum stock ownership requirements: (i) each director shall own
shares of Tesla stock equal in
value to at least five times the annual
cash retainer for directors (exclusive
of retainer amounts for service as Lead Independent Director or as a member or chair
of a Board committee), and (ii) our Chief Executive Officer shall own
shares of Tesla stock equal in
value to at least six times his / her base salary.
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 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.
Your amount realized will be measured by the sum
of the
cash or the fair market
value of other property received plus your
share under the partnership tax rules
of our liabilities, if any.
Within five years after joining the Board, directors are expected to own
shares of our common stock having a
value equal to five times the
cash portion
of the annual retainer.
Upon exercise
of the SAR, the participant will generally recognize ordinary income equal to the
cash or the fair market
value of any
shares received.
If you purchase
shares at a discount, you must report as income the difference between the
cash you invest and the fair market
value (full
value)
of the stock you buy.
PDC's strategy is simple: increase shareholder
value through the growth
of reserves, production, and per
share cash flow and earnings, while focusing on safe and efficient operations, environmental stewardship and community outreach.
Marriott Vacations Worldwide Corporation (NYSE: VAC)(«MVW» or the «Company») and ILG (Nasdaq: ILG) today announced that they have entered into a definitive agreement under which MVW will acquire all
of the outstanding
shares of ILG in a
cash and stock transaction with an implied equity
value of approximately $ 4.7 billion.
ORLANDO, Fla. and MIAMI — April 30, 2018 — Marriott Vacations Worldwide Corporation (NYSE: VAC)(«MVW» or the «Company») and ILG (Nasdaq: ILG) today announced that they have entered into a definitive agreement under which MVW will acquire all
of the outstanding
shares of ILG in a
cash and stock transaction with an implied equity
value of approximately $ 4.7 billion.
For one thing, frequent transactions mean market swings could have a bigger impact on you — if you're forced to sell
shares whenever you need
cash, even if the
value of your investments has dropped.
Upon exercise, the participant will recognize ordinary income in an amount equal to the amount
of cash received and the fair market
value of any
shares received.
Aetna shareholders will receive $ 145 in
cash and 0.8378
of a CVS Health
share for each Aetna
share, which was
valued at $ 207.94 on Dec. 1, the Friday before the deal was announced.
When the Company seeks
cash investments from outside investors, like you, the new investors typically pay a much larger sum for their
shares than the founders or earlier investors, which means that the
cash value of your stake is immediately diluted because each
share of the same type is worth the same amount, and you paid more for your
shares (or the notes convertible into
shares) than earlier investors did for theirs.
Thus, the
value of the NXRT common stock, as well as any
cash received in lieu
of fractional
shares, will generally be taxable.
Partners
Value Split Corp. (formerly «BAM Split Corp.») commenced operations in September 2001 and currently owns a portfolio consisting
of 79.7 million Class A Limited Voting
shares of Brookfield Asset Management Inc. (the «Brookfield Shares») which generate cash flow through dividend payments that fund quarterly fixed cumulative preferential dividends for the holders of the company's Preferred shares, and provide the holders of the company's Capital shares the opportunity to participate in any capital appreciation in the Brookfield S
shares of Brookfield Asset Management Inc. (the «Brookfield
Shares») which generate cash flow through dividend payments that fund quarterly fixed cumulative preferential dividends for the holders of the company's Preferred shares, and provide the holders of the company's Capital shares the opportunity to participate in any capital appreciation in the Brookfield S
Shares») which generate
cash flow through dividend payments that fund quarterly fixed cumulative preferential dividends for the holders
of the company's Preferred
shares, and provide the holders of the company's Capital shares the opportunity to participate in any capital appreciation in the Brookfield S
shares, and provide the holders
of the company's Capital
shares the opportunity to participate in any capital appreciation in the Brookfield S
shares the opportunity to participate in any capital appreciation in the Brookfield
SharesShares.
The
value of the
cash figure has been adjusted since based on market performance, dividends,
share purchases and taxes.
JERUSALEM --(BUSINESS WIRE)-- Apr. 21, 2015 — Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) today announced a proposal to acquire all
of the outstanding
shares of Mylan N.V. (NASDAQ: MYL) in a transaction
valued at $ 82.00 per Mylan
share, with the consideration to be comprised
of approximately 50 percent
cash and 50 percent stock.
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.
At the discretion
of the Administrator, the payment upon Stock Appreciation Right exercise may be in
cash, in
Shares of equivalent
value, or in some combination thereof.
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.
Valuation — with regards to valuation
of the company at $ 240 per
share, this includes
valuing the business at $ 216 per
share (at 18x our FY 2016 earnings estimate
of $ 12 per
share) plus net
cash per
share of $ 24 ($ 150 billion
of net
cash less the tax effect on international
cash for repatriation, which we estimate to ultimately be 6 %, and for simplicity purposes, apply to all
cash on balance sheet rather than just the international
cash).
FedEx determines the total target
value of the award and provides that
value in two components: restricted
shares and
cash payment
of taxes due.
Under the terms
of the agreement, Alaska Air Group will acquire Virgin America for $ 57.00 per
share in
cash, representing a total equity
value of $ 2.6 billion.
However, if the ordinary
shares or ADSs are treated as traded on an «established securities market» and you are either a
cash basis taxpayer or an accrual basis taxpayer that has made a special election (which must be applied consistently from year to year and can not be changed without the consent
of the IRS), you will determine the U.S. dollar
value of the amount realized in a non U.S. dollar currency by translating the amount received at the spot rate
of exchange on the settlement date
of the sale.
When granting restricted stock, FedEx first determines the total target
value of the award and then approves the delivery
of that
value in two components: restricted
shares and
cash payment
of taxes due.