True-up: Difference between revisions
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== See also == | == See also == | ||
* [[Benchmark]] | * [[Benchmark]] | ||
* [[Broker]] | * [[Broker]] | ||
* [[Buyback]] | * [[Buyback]] | ||
* [[Equity share]] | * [[Equity share]] | ||
* [[Volume-weighted average price]] (VWAP) | * [[Volume-weighted average price]] (VWAP) | ||
* [[Weighted average]] | * [[Weighted average]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:Corporate_finance]] | [[Category:Corporate_finance]] | ||
[[Category:Financial_products_and_markets]] | [[Category:Financial_products_and_markets]] | ||
Latest revision as of 19:30, 25 December 2024
1. Financial figures - reporting.
An adjustment to a draft financial figure, made in the light of more recent additional - or better - information.
2. Financial figures - pricing.
A payment to align a total purchase price - or other payment - with a financial figure calculated with greater accuracy, based on fuller, more recent and better information.
- True-up payment example
- [Share buyback] pricing models include:
- (1) VWAP guarantee: the company always pays VWAP for the shares. A true-up payment is made at the end of the programme to cover the difference between actual amount paid and the VWAP price...
- Share buybacks: what treasurers need to know - Lucy Reeve, corporate partner, Linklaters LLP - The Treasurer - Issue 4 of 2024, p38.
