To buoy the private market, in December 2017 Spotify increased the weighting of transactions to 50 % from 20 % of the fair value of
total ordinary shares «in consideration of an increased volume in private market transactions.»
Not exact matches
Similarly, the volume simply converted based on the current
share price is expected to reach a
total of 2.37 million
shares consisting of the existing 1.61 million
ordinary shares (2.04 million before division) and 0.76 million
shares to be additionally purchased and retired.
Except in the event of the optionee's death, if the
shares are disposed of prior to the expiration of the statutory holding periods (a «Disqualifying Disposition»), generally, the amount by which the fair market value of the
shares at the time of exercise exceeds the
total exercise price will be
ordinary income.
An increase in the
share of Federal Reserve deposit balances belonging to
ordinary U.S. banks, rather than to the Treasury, foreign central banks, or GSEs, will, for example, lead to an increase in the
total money stock, other things unchanged, while a decline in that
share will reduce it.
Novartis offered $ 82 per American depositary
share, which works out to $ 41 per
ordinary share or a grand
total around $ 3.9 billion for the company.
Outstanding
shares total 33.4 mio (ignore 13.2 mio of «A «
ordinary shares, they're non-voting & have no capital or profit participation rights), for a pretty decent market cap of EUR 344 mio ($ 446 mio).
For example, if your portfolio has $ 50,000
total, and you want 1 % of it invested in Amazon, an
ordinary broker would buy you 1 full
share of Amazon at ~ $ 1,000.
Second interim dividend up 10 % to 31.25 US cents per
ordinary share;
total dividend for FY18 up 8 % to 44.75 US cents per
share.
Davis Polk also advised Sunlands on its concurrent private placement of 139,131 Class A
ordinary shares to certain existing shareholders at the initial public offering price for a
total purchase amount of $ 40 million.
Davis Polk advised the representatives of the underwriters in connection with Gates Industrial Corporation plc's initial public offering of 38,500,000
ordinary shares, at $ 19.00 per
share, for
total gross proceeds of $ 731.5 million.