Return to Shareholders definition

Return to Shareholders for each respective company shall mean the quotient of (I) the sum of (a) the average closing price, as reported on the exchange where the stock of the relevant company is traded, for the five consecutive trading days preceding January 1, 2007 and (b) the dividends declared during the period commencing on January 1, 2004 and ending on December 31, 2006, divided by (II) the average closing price, as reported on the exchange where the stock of the relevant company is traded, for the five consecutive trading days preceding January 1, 2004.
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Return to Shareholders. This performance measure ranks the "Return to Shareholders" (as defined below) for the Company over the Performance Period in relation to the Return to Shareholders for the "Peer Group" (as defined below).
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Return to Shareholders means the sum of (i) the appreciation of the per-Share trading price of the Shares following the initial business combination (measured as the excess above the Reference Price of the average of the 20 highest daily closing market prices for such Shares over any period of 30-Trading Day Period that commences after the completion of the initial business combination) and (ii) the cash or fair market value (as applicable) of each dividend or distribution that has been declared and paid by us on the Shares (measured on a per Share basis as of the date such dividend or distribution was• 17% on the date during the 10 calendar years following the date of completion of the initial business combination upon the Return to Shareholders exceeding 40%; and• 17% on the date during the 10 calendar years following the date of completion of the initial business combination upon the Return to Shareholders exceeding 60%. VTAC has also secured 13 Cornerstone Investors17 to subscribe for an aggregate of 22.2 million Cornerstone Units to raise aggregate gross proceeds of S$111 million, being 55.5% (assuming the Over-allotment Option is not exercised) of the post-Offering share capital of the Company. Cornerstone Investors include, among others, Venezio Investments Pte. Ltd (“Venezio”), an indirect wholly-owned subsidiary of Temasek Holdings (Private) Limited (“Temasek”), as well as Fullerton Fund Management Company Ltd. (“Fullerton”), an indirect subsidiary of Temasek. Immediately after the Offering, each of Venezio and Fullerton will have a direct interest of 15.0% and 6.5% respectively in VTAC (assuming the Over-allotment Option is not exercised). USE OF PROCEEDS 100% of gross proceeds raised from the Offering (including proceeds raised from the exercise of the Over-allotment Option, if any) and the issuance of the Cornerstone Units and the Sponsor IPO Investment Units will be placed in the Escrow Account, which goes beyond the requirement in the SGX- ST Listing Manual for at least 90% of the gross funds raised to be placed in an escrow account. Gross proceeds due to VTAC may be used for the consummation of the initial business combination; and in the payment of deferred underwriting commissions to the Joint Global Coordinators, Joint Bookrunners and Joint Underwriters. Interest earned on the funds held in the Escrow Account may be used to pay income taxes and operating expenses, if any, of VTAC. declared) following the initial business combination, with such sum expressed as ...
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Examples of Return to Shareholders in a sentence

  • A demand will be made by the Guarantee Claims Agent under the Cell Guarantee if the Company has insufficient assets or resources in the Protected Cell to allow payment of the Guaranteed Return on or around the Maturity Date or if the Company otherwise fails to make payment of the Guaranteed Return to Shareholders.

  • There shall be two performance measures, Relative Return to Shareholders and Return on Invested Capital, as both are defined below.

  • WITHHOLDING TAX Under current taxation legislation applicable in Guernsey and the UK, the Company is not required to withhold for or on account of any tax on the payment of the Investment Return to Shareholders at the Maturity Date.

  • The payment obligations of the Investment Counterparty under the Plan Investments in combination with the account arrangement described above are designed to enable the Company, in turn, to pay the Investment Return to Shareholders at the Maturity Date.

  • In the event that the proceeds of the relevant Plan Investments are insufficient to pay the Guaranteed Return to Shareholders, the Guarantee Claims Agent will act on behalf of the holders of Cell Shares in asserting claims against the Guarantor under the Cell Guarantee for the shortfall as set out in the sub-section headed "Cell Guarantee" in Section C of this Securities Note.

  • The Business Criteria for Performance Targets under this Section 9 shall be any one or any combination of Annual Return to Shareholders, Total Net Sales, Net Earnings, Net Earnings before Nonrecurring Items, Return on Equity, Return on Assets, EPS, EBITDA or EBITDA before Nonrecurring Items.

  • Total Return to Shareholders (“TRS”) Relative to Peers, which shall be determined by comparing the Company’s cumulative TRS for the Performance Period to the cumulative TRS of each member of the Company’s Peer Group for the Performance Period, in each case, as TRS is reported through S&P Global Market Intelligence or another reporting service selected by the Committee.

  • Other hurdles considered by the BoardAs in previous years, the Human Resources Committee has considered, and taken advice regarding, the implementation of a hurdle based on measurement of Total Return to Shareholders (TRS), either on a comparative basis or in absolute terms.

  • Return to Shareholders The return to Shareholders in a particular Sub-Fund is related to the Net Asset Value of that Sub- Fund which in turn is primarily determined by the performance of the portfolio of investments held by that Sub-Fund.

  • Notwithstanding any provision in this Plan to the contrary, Awards granted under Sections 6(c), 6(d) or 6(e) and designated by the Committee as being performance-based shall have as performance measures any one of or any combination of any of the following measures: Economic Value Added, Return on Equity and Total Return to Shareholders.


More Definitions of Return to Shareholders

Return to Shareholders means the sum of (i) the appreciation of the per-share market price of the Company’s Class A Shares (as defined below) following the Company’s initial business combination (measured as the excess above $10.00 of the average of the 20 highest daily closing market prices for such shares over any period of 30 consecutive trading days that commences after the closing of the Company’s initial business combination), and (ii) the cash or fair market value (as applicable) of each dividend or distribution paid by the Company on its Class A Shares (measured on a per-Class A Share basis as of the date such dividend or distribution was declared), with such sum being expressed as a percentage of $10.00.
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Return to Shareholders means the sum of (i) the per-share market price of the Ordinary Shares (or their post-business combination equivalent) following the completion of an Business Combination (measured as the average of the twenty (20) highest daily closing market prices for the Ordinary Shares over any period of thirty (30) consecutive trading days that commences after the completion of an initial Business Combination) and (ii) the cash or fair market value (as applicable) of each per-share dividend or distribution paid by the Company on the Ordinary Shares (or their post-business combination equivalent). Notwithstanding the foregoing, all of the Sponsor’s unvested Founder Shares shall vest, and as a consequence shall no longer be subject to the transfer restrictions described above or to cancellation and forfeiture, if:
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Return to Shareholders for each respective company shall mean the quotient of (I) the sum of (a) the average closing price, as reported on the exchange where the stock of the relevant company is traded, for the five consecutive trading days preceding January 1, 2010 and (b) the dividends declared during the period commencing on January 1, 2007 and ending on December 31, 2009, divided by (II) the average closing price, as reported on the exchange where the stock of the relevant company is traded, for the five consecutive trading days preceding January 1, 2007.
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Return to Shareholders means the Company’s return to shareholders as represented by share price appreciation plus dividends paid on one share of Common Stock during any Performance Period.
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Related to Return to Shareholders

  • Preferred Shareholders means the holders of Preferred Shares.

  • ² Shareholder means a person who owns shares in the company and is actively involved in the management of the company or business and exercises control over the company.

  • Target Shareholders means the holders of Target Shares;

  • 10% Shareholder means a person who owns, directly or indirectly, stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary of the Company. Indirect ownership of stock shall be determined in accordance with Code Section 424(d).

  • Preferred Shareholder means any holder of Preferred Shares.

  • Company Stockholders means the holders of shares of Company Capital Stock.

  • Common Shareholders means the holders of the Common Shares.

  • Company Shareholders means the registered or beneficial holders of the Company Shares, as the context requires;

  • Record shareholder means the person in whose name shares are registered in the records of a corporation or the beneficial owner of shares to the extent of the rights granted by a nominee certificate on file with a corporation.

  • Common Stockholders means holders of shares of Common Stock.

  • Shareholder means a person who owns shares in the company and is actively involved in the management of the enterprise or business and exercises control over the enterprise.

  • Rollover Shareholders means each of Expert Master Holdings Limited, Mr. Longhua Piao and UMW China Ventures (L) Ltd.

  • Parent Stockholders means the holders of Parent Common Stock.

  • Major Stockholders means those stockholders owning more than ten percent (10%) of the voting stock of any

  • 10% Stockholder means the owner of stock (as determined under Code Section 424(d)) possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Corporation (or any Parent or Subsidiary).

  • Independent Shareholders means holders of Voting Shares, other than:

  • Beneficial Shareholders means shareholders who do not hold Shares in their own name and “intermediaries” refers to brokers, investment firms, clearing houses and similar entities that own securities on behalf of Beneficial Shareholders.

  • Selling Shareholders sections in substantially the form attached hereto as Exhibit B. The Company shall use its reasonable best efforts to have each Additional Registration Statement declared effective by the SEC as soon as practicable, but in no event later than the Additional Effectiveness Deadline. By 9:30 a.m. New York time on the Business Day following the Additional Effective Date, the Company shall file with the SEC in accordance with Rule 424 under the 1933 Act the final prospectus to be used in connection with sales pursuant to such Additional Registration Statement.

  • Company Stockholder means the holder of either a share of Company Common Stock or a share of Company Preferred Stock.

  • Minority Shareholders means holders of Shares that were not tendered pursuant to the Offer or in the Subsequent Offering Period (as it may be extended by the Minority Exit Offering Period).

  • Other Shareholders means persons who, by virtue of agreements with the Company other than this Agreement, are entitled to include their securities in certain registrations hereunder.

  • Company Shareholder means any holder of any Company Shares.

  • Scheme Shareholders means the holders of Scheme Shares;

  • Major Shareholders Means a person who has an interest or interests in one or more

  • Greater Than 10% Stockholder means an individual then owning (within the meaning of Section 424(d) of the Code) more than 10% of the total combined voting power of all classes of stock of the Company or any subsidiary corporation (as defined in Section 424(f) of the Code) or parent corporation thereof (as defined in Section 424(e) of the Code).

  • Public Shareholders means the holders of Ordinary Shares included in the Units issued in the Public Offering; (v) “Public Shares” shall mean the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.