Circuit City Stores Common Stock definition
Circuit City Stores Common Stock means common shares, par value of $0.50 per share, of Circuit City designated as “Circuit City Stores, Inc.—Common Stock” in the Circuit City Amended and Restated Articles of Incorporation of Circuit City Stores, Inc. that trade before the CarMax Dividend Date on a “when issued” basis to denote no rights to receive the CarMax Dividend and continue to trade on and after the CarMax Dividend Date.
Examples of Circuit City Stores Common Stock in a sentence
The number of shares of Circuit City Stores Common Stock subject to a Circuit City Stores Option will equal the product obtained by multiplying (a) times (b) where “(a)” equals the number of shares of Circuit City Group Common Stock covered by the Circuit City Group Option, and “(b)” equals the quotient obtained by dividing the Circuit City Pre-Dividend Stock Value by the Circuit City Post-Dividend Stock Value.