Average Shareholders definition

Average Shareholders. Equity” means (i) the sum of Shareholders’ Equity as of the end of the prior year and Shareholders’ Equity as of the end of the current year (ii) divided by two.

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Average Shareholders. EQUITY" means the numerical average for a given year of ending Shareholders' Equity for the five most recently completed fiscal quarters, including the last quarter of that year.

Average Shareholders. Equity" means the average of the daily amounts of shareholders' equity during the Plan Year as shown on the Company's consolidated balance sheet.

Examples of Average Shareholders in a sentence

No Awards may be made during any fiscal year unless, for the preceding fiscal year, Return on Average Shareholders' Equity exceeded the Ten Year Treasury Yield by more than three percentage points.
If the Company's Adjusted Pre-Tax Income equals or exceeds 10% of the Average Stockholders' Equity for any such fiscal year, the Company shall pay the Executive a bonus for such year equal to the sum of (i) 1% of 10% of the Company's Adjusted Pre-Tax Income for the year plus (ii) 2 1/2% of the amount by which the Adjusted Pre-Tax Income exceeds 10% of the Average Shareholders' Equity for such year.
The Average Shareholders Equity for each fiscal year shall be determined by averaging the shareholders' equity reported in the audited financial statements of the Company as of the beginning and the end of that fiscal year.

More Definitions of Average Shareholders

Average Shareholders. Equity" means, for a Corporation, the average of shareholders' equity at the end of the year in question and at the end of the immediately preceding fiscal year.

Average Shareholders funds” means the average of the shareholders’ funds at the beginning and end of the financial year ended 31 December 2012.

Average Shareholders. EQUITY" means, for any Plan Year, the sum of the consolidated shareholders' equity of the Corporation at the beginning of the Plan Year and for each quarter-end (i.e., March 31, June 30, September 30, and December 31) of that Plan Year, as reported in the Corporation's quarterly financial supplements and/or the annual report to shareholders for each applicable period, divided by five.

Average Shareholders. Equity” means the result of subtracting cumulative other comprehensive income and noncontrolling interest from shareholders’ equity. This calculation is done as of the beginning of the year and the end of the year. The average is then calculated by adding the beginning of the year and ending of the year calculations and then dividing by two.

Average Shareholders. Equity" shall mean the sum of the Company's shareholders' equity, as determined in accordance with United States generally accepted accounting principles as in effect for such year, as of the beginning and the end of such year, divided by two.