TSR definition
Examples of TSR in a sentence
Total Shareholders Return (TSR) (for both Otter Tail and peer group determination) = stock price appreciation (measured as of the average closing price for the 20 trading days immediately preceding January 1, 20[ ] and as of the average closing price for the 20 trading days immediately preceding January 1, 20[ ]), plus value of dividends.
If absolute TSR is negative, the modifier cannot increase the payout.•TSR is defined as stock price appreciation plus dividends reinvested on the ex-dividend date over the performance period from January 1, 2025 through December 31, 2027•TSR is calculated using the 20-trading day average closing stock price at the start and end of the three-year performance period•The peer companies for purposes of calculating relative TSR are the R▇▇▇▇▇▇ 2000 companies.
Notwithstanding anything in the Agreement to the contrary, payouts that otherwise would have been more than 100% of Target will be capped at 150% of Target if Ameren’s TSR is negative over the three-year period.
Relative Total Shareholder Return (TSR) Modifier of +/- 20%Relative TSR performance is a modifier that adjusts the overall number of performance shares otherwise earned by the percentage shown in the chart below.
The performance shares that may be earned are capped at 200% of target, including the TSR modifier.