What’re tenders?
Written by Team Dodl
Updated over a week ago

A tender is when a company (or third party) offers to buy your shares. The price which is offered will be stated in the tender offer’s terms.

An example of when this might happen is if a company ‘delists’ from the stock market to become private. It’ll then make a tender offer to buy back your shares.

If a company you have shares in announces a tender offer, you’ll be sent a corporate action notification with all the details of this.

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