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In an odd-lot tender offer ("Odd-lot Offer"), the offer to purchase is limited to security holders who own less

than 100 shares ("Odd-lot Holders"). The purpose of an Odd-lot Offer generally is to reduce the issuer's disproportionately high cost of servicing small shareholder accounts, and to enable such shareholders to dispose of their securities without incurring brokerage fees.

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โˆ™ 2016-01-09 06:47:28
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Q: What is odd lot buyback of shares?
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The benefits of buyback of shares is that you will be able to sell them at a high price. The company's benefit is that they can reduce the amount of shares that are on the market.


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What is a trade of 150 shares of stock would be known as an lot transaction?

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