Trading & MarketsQuestion 93 of 125
A tender offer is:
a.A public offer to buy shares from existing shareholders, usually at a premium
b.A dividend paid in additional shares
c.An offer to lend securities
d.A type of bond call
Explanation
A tender offer is a public bid to purchase some or all shareholders' shares, typically at a premium to the market price and within a set period, often as part of a takeover attempt. Shareholders decide whether to tender their shares under the stated terms.
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