Theoretical ex-rights price
From Infogalactic: the planetary knowledge core
Lua error in package.lua at line 80: module 'strict' not found. Theoretical ex-rights price TERP is a situation where the stock and the right attached to the stock is separated .(TERP) is a calculated price for a company's stock shares after issuing new rights-shares with the assumption that all these newly issued shares are taken up by the existing shareholders. The consequence would be that the price will be lower than the old shares but higher than the new issued shares.[1][2]
Example
If there is 1 new share at 800 pence (p) and 4 old shares at 1000p each, then the total value of the 5 shares would be 4800, so one of the "mixed" shares would be at 960p.
References
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found. See page 2.
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