Award criteria: 40% weighted technical value and price weighted
19 Euro per share represents a premium of 36% compared to the Company's closing price as of June 8, 2015 and 36% compared to the average price weighted
by volumes over the period of 20 trading days ending June 8, 2015 (inclusive);
In price weighted
indices such as the DJIA, a large change in price of a high priced stock can have a material impact on sector representation in the index and this index change is designed to minimize that impact.
A price weighted
average of 30 actively traded blue-chip stocks, primarily industrial industry stocks that trade on the New York Stock Exchange.
days weighted average of the Bovespa closing price weighted
The DJIA is price weighted
so extremely high stock prices tend to distort the index while very low stock prices have little impact.
common stock per share trading price weighted
for the total
This price weighted
index is comprised of 100 listed and over-the-counter securities.
Broad based and price weighted
, the index measures the combined performance of 100 listed and over-the-counter stocks in 15 different industries.
The Large Cap Index is price weighted
, giving each company equal contribution to the average.
Being price weighted
allows for greater diversification and reduces dependence upon one company or a handful of companies to determine the performance of the index.
The PHLX OTC Prime Sector (OTX), is a price weighted
index of the 15 most active stocks traded on the NASDAQ, with corporations involved in a variety of industries including: electronic components, telecommunications, wide-area networks, computer and computer component manufacturing, computer software and Internet services.