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1 Comments

1. Wannabe Value Investor   I Like It. |Report Abuse|  Link|March 29, 2023 10:26:31 AMReply
Wanted to ask a general question reg. buybacks. Let's say I have 100 shares on cutoff date. I later sell 50 shares. If the acceptance ratio is 30%, and I tender 50 shares, will 30 shares get accepted or 15?
1.1. sashah   I Like It. |Report Abuse|  Link|March 29, 2023 8:27:38 PM
it will be based on what you are offering... if you are offering 50 shares with AR of 30% then it will be 15 only.. Hence you see higher % in AR upto 80-85%

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