Answer--The market occasionally intermixes the terms of warrant and stock right
permitting the holder to exchange the Stock Right
for a cash amount that would be available if the Stock Right
Poison pills" are contingent stock rights
that are incorporated into a stock certificate or distributed as a dividend, which serve to enable a corporation to defend itself against an unsolicited tender offer.
The preamble to the proposed regulations suggests that whenever the terms of the stock agreement or those of the plan under which the right is granted provide the plan administrator with a general power to modify the terms of outstanding grants of stock rights
, none of the grants will be excluded from treatment as deferred compensation under Sec.
the related stock's holding period "tacks on" to the stock right
, under Sec.
on Wednesday said it slashed its offer price of its stock rights
offer (SRO), selling it at 22-percent discount, and expects to raise some P60 billion from the sale that will begin next week.
has priced its stock rights
offering at P75 per share, finalizing a P60-billion capital-raising which will support a fast-growing loan book in the coming years.
Metropolitan Bank & Trust Company (Metrobank) has set the final terms for its P60-billion stock rights
offering with the offer price pegged at P75 per share.
Babcock & Wilcox announced that it has fixed March 15 as the record date for determination of shareholders entitled to participate in B&W's common stock rights
Monzon said the PSE is on track with its scheduled stock rights
offering, which is intended to reduce the brokers' ownership in the exchange to the 20 percent limit mandated by the Securities Regulation Code.
Trinity Place Holdings Inc (NYSE MKT:TPHS) revealed on Thursday the final results of its common stock rights
offering at USD7.