Tender offer

General offer made publicly and directly to a firm's shareholders to buy their stock at a price well above the current market price. The New York Times Financial Glossary

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   A company making a tender offer requires applicants to state the number of securities they require plus the price they are prepared to pay for them. Once all applications have been received, the company fixes a single 'striking price' at which the securities will be allotted to applicants at that price or higher. Also known as an offer for subscription.

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tender offer UK US noun [C] FINANCE, STOCK MARKET
an occasion when a company offers to buy its own or another company's shares from existing shareholders at a particular price: »

The company's tender offer to purchase all outstanding shares of stock expires Monday.

make a tender offer »

They made a tender offer to shareholders yesterday for 4.78m shares at 165p.

»

The company launched a hostile 500p a share tender offer.

an occasion when a company sells new shares to those who make offers for them above a particular lowest price. The company calculates the strike price (= final price to be paid) in relation to the total demand and the prices offered.

Financial and business terms. 2012.

Look at other dictionaries:

  • tender offer — n: a public offer to purchase a specified number or range of shares from shareholders usu. at a premium and in an attempt to gain control of the issuing company Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. tender offer …   Law dictionary

  • Tender offer — is a corporate finance term denoting a type of takeover bid. The tender offer is a public, open offer (usually announced in a newspaper advertisement) by an acquirer to all stockholders of a publicly traded corporation to tender their stock for… …   Wikipedia

  • tender offer — n. a public offer to purchase a block of stock in a corporation, often the controlling interest, within a specified period and at a stipulated price, usually well above the existing market price …   English World dictionary

  • tender offer — General offer made publicly and directly to a firm s shareholders to buy their stock at a price well above the current value market price. Bloomberg Financial Dictionary A means of implementing an offer for subscription or offer for sale. The… …   Financial and business terms

  • tender offer — noun an offer to buy shares in a corporation (usually above the market price) for cash or securities or both • Hypernyms: ↑offer, ↑offering • Hyponyms: ↑takeover bid * * * a public offer to purchase stock of a corporation from its shareholders at …   Useful english dictionary

  • tender offer — 1) An offer by one company to buy the shares of another from the shareholders at a stated price (usually at a premium above the market price). It is normally made as part of a takeover bid See also self tender; two tier tender offer 2) See issue… …   Big dictionary of business and management

  • tender offer — acquisition offer / take over offer / purchase offer / buyback offer An offer made to shareholders, normally by a third party, requesting them to sell (tender) or exchange their equities …   Euroclear glossary

  • Tender Offer — An offer to purchase some or all of shareholders shares in a corporation. The price offered is usually at a premium to the market price. Tender offers may be friendly or unfriendly. Securities and Exchange Commission laws require any corporation… …   Investment dictionary

  • tender offer — noun Date: 1967 a public offer to buy not less than a specified number of shares of a stock at a fixed price from stockholders usually in an attempt to gain control of the issuing company …   New Collegiate Dictionary

  • tender offer — a public offer to purchase stock of a corporation from its shareholders at a certain price within a stated time limit, often in an effort to win control of the company. [1960 65] * * * …   Universalium

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