Tender Offer

A corporate action where a company offer to buy back its share for a limited time from its shareholders at a fixed price

What is a Tender Offer?
A tender offer is an offer to buy a portion or all of the shares of a company from its shareholders. Taking the tender offer is equivalent to SELLING your...
Wed, 26 Sep, 2018 at 1:02 PM
What should I do if there is a Tender Offer?
A tender offer would mean that a company would like to buy your shares at a fixed price. If you are entitled to a Tender Offer, a banner will appear in your...
Wed, 26 Sep, 2018 at 1:05 PM
How do I accept or subscribe to a Tender Offer?
Here's how to subscribe or accept a Tender Offer: Log into your COL account and click on the Tender Offer Banner found at the HOME tab Indicate how ...
Wed, 26 Sep, 2018 at 1:08 PM
What will happen if I accept or subscribe to a Tender Offer?
By accepting or subscribing to a Tender Offer, this means that you would want to sell your shares at the fixed price the company has offered. COL will then ...
Wed, 26 Sep, 2018 at 1:11 PM
How come my stocks are still in my account even after I accept/subscribe to the Tender Offer?
Each tender offer will have what they call a tender offer period. This period can last for several days to weeks. The period gives a chance for shareholders...
Wed, 26 Sep, 2018 at 1:12 PM
When will I get the selling proceeds from the Tender Offer?
Proceeds from a tender offer transaction will be credited into your COL account's cash balance after the cross or settlement date. The cross or settlem...
Wed, 26 Sep, 2018 at 1:13 PM
Can I still sell my shares even after I subscribe to a Tender Offer?
Once you have availed or accepted a tender offer, you will notice that your total and uncommitted shares in your portfolio will remain intact. This is becau...
Wed, 26 Sep, 2018 at 1:14 PM
What will happen if I do not accept a Tender Offer?
If you do not avail of a tender offer, this means that you wish to keep your shares. There are some tender offers in which the offer price is lower than the...
Wed, 26 Sep, 2018 at 1:15 PM
What does it mean when a company will delist?
To delist would mean that the company will be taken out of the Philippine Stock Exchange (PSE) and will no longer be tradeable through the exchange. Delisti...
Wed, 26 Sep, 2018 at 1:17 PM
Why would a company delist?
A company may file for delisting for numerous reasons. Some that we have encountered are: Company was bought by a new owner  The company intends to becom...
Wed, 26 Sep, 2018 at 1:19 PM