Financial

B-Share

B-Share

A share in a mutual fund to which a fee is charged when the share is sold within a certain number of years. That is, when an investor initially buys a B-share, he/she agrees to pay a third party (usually a financial institution or broker) a certain percentage of the share's value if he/she decides to sell it within five to 10 years, depending on the specific nature of the agreement. The fee usually declines by the year until the maximum number of years is reached. A B-share is one type of load fund. See also: A-share, C-share, No-load fund.
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References in periodicals archive
The Recipharm B-share (RECI B) is listed on Nasdaq Stockholm.
The firm was expecting to make the pay-out through a B-share scheme and share buyback.
Pedestrians are reflected on a stock indicator showing share prices of the Shanghai B-share stock price in Tokyo.
According to the company, its board has granted the participants a total of 9,300 RSUs and, subject to vesting, each RSU entitles the holder to receive one Rockwool International B-share or, in case of phantom units, a cash based settlement to the corresponding share value at the time of transfer.
Failure to get promoted at the first attempt would mean a reduction of a quarter of this A-share funding for the second season plus the complete loss of their B-share funding, but bounce back straight away and not a penny of central revenue is lost.
Wang (2006) examined cross-autocorrelation of dual listed stock portfolio return in the Chinese Stock Market and finds that upon the opening of B-share market, a change from underreaction to overreaction in the response pattern of B-share market, producing a negative cross autocorrelation.
The offer values ElektronikGruppen at SEK213m and is a premium of 31% to its B-share close on 21 June.
"We share the view, that from VW's perspective this seems the smartest way to create a truck group, especially if partly financed by a Scania B-share capital increase," said Commerzbank analyst Daniel Schwarz.
Dividends in Asia Pacific have risen five-fold during the last decade; meanwhile dividends from Chinese companies (listed in Hong Kong, B-share and offshore markets) grew from $8 billion in 1998 to more than $70 billion by 2008.
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