Description
Return whole merger shares and a fractional cash equivalent.
Corporate-finance calculations depend on currency, period, share class, contractual definitions and tax assumptions. A local balance or ownership factor reconciles supplied amounts without determining a complete valuation, financing outcome, enforceable right or applicable tax treatment.
Return whole merger shares and a fractional cash equivalent.
When to use this tool
Use Merger Fraction Cash Remainder Term when checking one supplied corporate cash-flow, share, repayment or notice convention.
How to use the tool and how it works
- Enter shares, exchangeRatio, pricePerNewShare. Use the units and conventions below.
- Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
- Read wholeNewShares, fractionalShare, cashEquivalent. Use the output convention below.
Return whole merger shares and a fractional cash equivalent. Require nonnegative whole shares, exchangeRatio >= 0 and pricePerNewShare >= 0; floor shares*ratio, retain its fractional part and multiply that part by price.1
| Input field | Meaning and units | Accepted input |
|---|---|---|
| shares | Shares | Required. Safe integer; minimum 0. |
| exchangeRatio | Exchange Ratio Unit: 1. | Required. Finite number; minimum 0. |
| pricePerNewShare | Price Per New Share Unit: 1. | Required. Finite number; minimum 0. |
| Output field | Interpretation | Returned shape |
|---|---|---|
| wholeNewShares | Whole New Shares | Required. Safe integer. |
| fractionalShare | Fractional Share Unit: 1. | Required. Finite number. |
| cashEquivalent | Fractional new share times supplied currency/new-share price; no actual settlement rule is selected. | Required. Finite number. |
{
"input": {
"shares": 7,
"exchangeRatio": 0.5,
"pricePerNewShare": 20
},
"output": {
"wholeNewShares": 3,
"fractionalShare": 0.5,
"cashEquivalent": 10
}
}Limitations and assumptions
- Prices use currency per new share; actual merger terms, rounding rules, fees and cash settlement are not established.
- Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
- Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.
Alternative or Complementary methods
Use complete financial records, governing transaction documents and qualified financial, tax or legal advice for actual decisions and obligations.
References
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