All measures like the growth in tangible book
value per share become considerably more complicated to evaluate when a company grows via a series of mergers.
Not exact matches
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.
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.
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.
Help to Buy will mean # 3.5 bn
becoming available for
shared equity loans worth 20
per cent of the
value of a new home worth up to # 600,000.
The view here is that selling makes sense only when core economics
become permanently impaired, prospects have been misjudged, market price not just somewhat but, instead, meaningfully exceed
per share intrinsic
value, or opportunity costs are high.
That being done, upgrading my price target (to a EUR 20.57 Fair
Value per share, based on averaging Scenarios B & C) would certainly
become a real possibility.