Examples of Average Closing Market Price in a sentence
The Listing Manual restricts a listed company from purchasing shares by way of a Market Purchase at a price which is more than 105% of the Average Closing Market Price (as defined in Section 3.2.4 of this Annexure I).
The purchase price to be paid for the Shares pursuant to Share Buy-backs (both On-Market Share Buy-backs and Off-Market Equal Access Share Buy-backs) must not exceed 105% of the Average Closing Market Price of the Shares (excluding related expenses of the purchase or acquisition) (the “Maximum Price”).
However, the purchase price must not exceed (in the case of both a Market Purchase and an Off-Market Purchase pursuant to an equal access scheme) 105% of the Average Closing Market Price of the Shares (the “Maximum Price”), in either case, excluding related expenses of the Share Purchase.
However, the purchase price must not exceed (in the case of both a Market Purchase and an Off-Market Purchase pursuant to an equal access scheme) 105% of the Average Closing Market Price of the Shares (the "Maximum Price"), in either case, excluding related expenses of the Share Purchase.
The purchase price to be paid for purchases of the Shares for both Market Purchases and Off-Market Purchases shall be at the price of up to but not exceeding the sum constituting 5% above the Average Closing Market Price of the Shares (the “Maximum Purchase Price”).