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Ghella [55]
3 years ago
6

JTL has 148,000 shares of stock outstanding. The firm has extra cash so it announced this morning that it is willing to repurcha

se 18,000 of its shares. What type of offer is the firm making
Business
1 answer:
MrRissso [65]3 years ago
3 0

Answer:

A tender offer.

Explanation:

This is simple explained to be the offer put to place to execute a work or even services for a said/given price. These offers are typically said to be done publicly; shareholders in some cases a been put to place to sell their shares for a specified price and within a particular window of time. Target sales orders which are been tabled/offered are been usually placed at certain premium value which are effective in market price and is often contingent upon a minimum or a maximum number of shares sold. In many other cases, tender are seen to be in security forms or other non-cash alternatives are offered in exchange for shares.

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6 0
3 years ago
when a manufacturer saturates the market by selling to any intermediary of good financial standing that is willing to stock and
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