Under the Plan, the Corporation will automatically reinvest for participating shareholders the cash dividends of KPT in newly issued Common Shares at a price per Common Share equal to the 5-day weighted average trading price
of the Common Shares prior to the dividend payment date.
The number of shares to be sold in the second tranche will be determined by the volume weighted average trading price
of Spero's common stock around the trigger date.
Parkland's enhanced Dividend Reinvestment Plan ("Enhanced DRIP") allows shareholders to reinvest their cash dividends to purchase additional Parkland shares from treasury at a 5% per share discount to the daily volume weighted average trading price
on the applicable dividend payment date.
ENBD REIT has allocated up to $3.5 million for the programme, which facilitates the acquisition of up to 4,401,340 shares at a price no higher than 10 per cent of the previous day's volume weighted average trading price
The purchase price will consist of USD 1 billion in cash and USD 500 million in SS&C stock, with the per share price of the stock based on the volume weighted average trading price
for 30 trading days prior to closing.
Reportedly, approximately 4.2 million of the purchase price of the transaction shall be covered by new shares issued by Aspo and the number of new shares to be issued shall be determined five business days before the closing of the transaction on the basis of 25 days' volume weighted average trading price
of Aspo shares on Nasdaq Helsinki Ltd.
The intention to acquire DCL, which was very much anticipated by the market, saw the stock moving both ways with the optimism that bid price will be much higher than current trading price and the weighted average trading price
which was mentioned in the notice only to show past trend,' read an AHL (Arif Habib Limited) analyst report.
The price that Scotiabank will pay for any common shares purchased by it from the third party will be negotiated by Scotiabank and the third party, and will be at a discount to the volume weighted average trading price
of the common shares on the Canadian markets on the date of the purchase.
Each Unit of the Offering is comprised of one common share and one-half of one Common Share purchase warrant, with each Warrant entitling the holder thereof to acquire a Common Share at a price of USD0.27 per share for a period of 24 months from the date of issuance, provided, that if, at any time the Common Shares trade on a stock exchange at a volume weighted average trading price
of CAD0.40, or greater, per Common Share for a period of 20 consecutive trading days.
This amended price was based on the volume weighted average trading price
of the Company's shares for the five trading days prior to the date of the announcement.
The shares are subject to a market price adjustment provision that could require a settlement to be made by the company, or to the company, based generally on the volume weighted average trading price
of the J.B.
Nstein shareholders will receive CAD0.65 in cash for each Nstein common share, unless eligible shareholders elect to receive a fraction of an Open Text TSX traded common share, having a value of CAD0.65 based on the volume weighted average trading price
of Open Text TSX traded common shares in the 10 trading day period preceding the closing date of the acquisition.