self-tender

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self-tender

n
(Stock Exchange) an offer by a company to buy back some or all of its shares from its shareholders, esp as a protection against an unwelcome takeover bid
References in periodicals archive ?
NASDAQ: IPDN), a developer and operator of online networks, has closed its transaction with Cosmic Forward Limited and announced the results of its self-tender offer.
successfully completed its second attempt at a self-tender offer to purchase shares of its common stock at a price of $9.
announced Thursday its board of directors has approved a self-tender offer to purchase up to 750,000 shares of the company's stock.
A self-tender offer is undertaken by a target to buy its own stock in the face of a hostile takeover.
These steps included a counter-tender offer for Z's shares, a self-tender offer for X's own shares, and a judicial challenge of Z's credit agreement and Z's obligations under a consent agreement with X.
NASDAQ: JAKK) (the "Company") today announced the final results of its self-tender offer, which expired at midnight, New York City time, on June 27, 2012.
Intrawest Resorts Holdings Inc (NYSE:SNOW) disclosed on Thursday the final results of its modified 'Dutch auction' self-tender offer, which expired at 17:00 New York City time on 10 February 2016.
In the instant case, the following transactions gave rise to expenses for professional fees: (1) professional fees for services rendered in connection with filing administrative and judicial actions by X to enjoin Z's takeover attempt; (2) professional fees for services performed in connection with rendering the fairness opinion; and (3) professional fees for services rendered in connection with X's self-tender offer and the counter tender offer of Z stock, which include steps taken towards obtaining X's loan commitment and valuation estimates of X and Z assets.
NASDAQ: JAKK) (the "Company") today announced the preliminary results of its self-tender offer, which expired at midnight, New York City time, on June 27, 2012.
Winmark Corporation (Nasdaq: WINA), which creates, supports and finances businesses, on Thursday reported the results of its self-tender offer to purchase up to 875,000 shares of its common stock for a price of USD84.
The self-tender offer will expire at midnight, New York City time, on June 27, 2012, unless it is extended or withdrawn.
M2 EQUITYBITES-April 16, 2015-Winmark announces self-tender offer to purchase up to 875,000 shares at USD84.