WebJul 7, 2024 · The Offer will proceed by way of a “modified Dutch auction” procedure with a tender price range from C$85.00 to C$98.00 per Share, representing a 3% discount to a 12% premium over the Company’s volume-weighted average price on the Toronto Stock Exchange over the last 10 trading days. ... Forward-Looking Statements. This news … WebMar 20, 2024 · On March 17, 2024, the Company’s Board of Directors authorized a modified “Dutch Auction” tender offer (the “Tender Offer”) to purchase up to 3,000,000 shares of its common stock at a price per...
How Do I Decide on the Auction Types? – Procurehere
WebNov 8, 2024 · A Dutch auction is a type of auction where securities are priced via bids rather than the seller setting the price. A Dutch auction is a means of selling securities where the seller sets an opening price, which decreases until bids are … WebE-bay auctions are forward auctions initiated by the Seller in which the Buyer bids the price up. In a reverse auction, the roles are reversed; the auction is initiated by the Buyer and the Supplier bids in real time driving the price down. ... Reverse Dutch Auction - A type of auction where the buyer sets a low starting price and price moves ... fwrd10
Types Of Reverse E-Auction that Top Performing Companies Use
WebThe role of the buyer and seller are flipped from what we typically know of auctions from the likes of eBay or auction houses which function as a Forward Auction. The participants compete directly against each other by submitting lower and lower bids. ... Dutch Auctions are optimal in situations with a limited supply base but a need to test the ... WebJan 23, 2024 · A modified “Dutch auction” tender offer allows stockholders to indicate how many shares of Common Stock and at what price within the range described above they wish to tender their shares. WebForward Auction is used if the goal is to achieve the maximum money possible for the goods and services on sale. Forward auction benefits auction of all types of goods and services. … fwrc womens prison