Microsoft responds to TRC Capital's "mini-tender" offer
Microsoft (MSFT) has issued a response to an unsolicited 'mini-tender' offer from TRC Capital Investment dated February 21, 2025. TRC is offering to purchase up to 300,000 shares of Microsoft's common stock at $391.00 per share, representing less than 0.01% of Microsoft's outstanding shares.
Microsoft maintains a neutral stance on the offer and is not affiliated with TRC. The company advises shareholders to:
- Obtain current market quotations
- Consult with brokers or financial advisors
- Review offer terms and conditions
- Exercise caution regarding the offer
The offer is set to expire on March 24, 2025. Microsoft highlights that mini-tender offers (less than 5% of shares) lack the same SEC disclosure and procedural requirements as larger tender offers, providing fewer investor protections.
Microsoft (MSFT) ha emesso una risposta a un'offerta 'mini-tender' non richiesta da parte di TRC Capital Investment datata 21 febbraio 2025. TRC offre di acquistare fino a 300.000 azioni ordinarie di Microsoft a 391,00 dollari per azione, rappresentando meno dello 0,01% delle azioni in circolazione di Microsoft.
Microsoft mantiene una posizione neutrale riguardo all'offerta e non è affiliata a TRC. L'azienda consiglia agli azionisti di:
- Ottenere quotazioni di mercato aggiornate
- Consultare broker o consulenti finanziari
- Esaminare i termini e le condizioni dell'offerta
- Esercitare cautela riguardo all'offerta
L'offerta scadrà il 24 marzo 2025. Microsoft sottolinea che le offerte mini-tender (meno del 5% delle azioni) non hanno gli stessi requisiti di divulgazione e procedurali della SEC rispetto alle offerte di maggiori dimensioni, offrendo meno protezioni agli investitori.
Microsoft (MSFT) ha emitido una respuesta a una oferta 'mini-tender' no solicitada de TRC Capital Investment fechada el 21 de febrero de 2025. TRC está ofreciendo comprar hasta 300,000 acciones ordinarias de Microsoft a $391.00 por acción, lo que representa menos del 0.01% de las acciones en circulación de Microsoft.
Microsoft mantiene una postura neutral sobre la oferta y no está afiliada a TRC. La empresa aconseja a los accionistas que:
- Obtengan cotizaciones de mercado actuales
- Consulten con corredores o asesores financieros
- Revisen los términos y condiciones de la oferta
- Ejercen precaución respecto a la oferta
La oferta está programada para expirar el 24 de marzo de 2025. Microsoft destaca que las ofertas mini-tender (menos del 5% de las acciones) carecen de los mismos requisitos de divulgación y procedimientos de la SEC que las ofertas más grandes, proporcionando menos protecciones a los inversores.
마이크로소프트 (MSFT)는 2025년 2월 21일자 TRC Capital Investment의 비공식 '미니 테너' 제안에 대한 답변을 발표했습니다. TRC는 마이크로소프트의 보통주 300,000주를 주당 391.00달러에 구매할 것을 제안하며, 이는 마이크로소프트의 발행 주식의 0.01%에도 미치지 않습니다.
마이크로소프트는 이 제안에 대해 중립적인 입장을 유지하며 TRC와는 관련이 없습니다. 회사는 주주들에게 다음을 권장합니다:
- 현재 시장 가격 확인
- 중개인 또는 재정 고문과 상담
- 제안의 조건 및 조항 검토
- 제안에 대해 주의할 것
이 제안은 2025년 3월 24일에 만료될 예정입니다. 마이크로소프트는 미니 테너 제안(5% 미만의 주식)은 대규모 테너 제안과 동일한 SEC 공개 및 절차 요구 사항이 없으며, 투자자 보호가 더 적다고 강조합니다.
Microsoft (MSFT) a publié une réponse à une offre 'mini-tender' non sollicitée de TRC Capital Investment datée du 21 février 2025. TRC propose d'acheter jusqu'à 300 000 actions ordinaires de Microsoft à 391,00 $ par action, représentant moins de 0,01 % des actions en circulation de Microsoft.
Microsoft adopte une position neutre sur l'offre et n'est pas affiliée à TRC. L'entreprise conseille aux actionnaires de :
- Obtenir des cotations de marché actuelles
- Consulter des courtiers ou des conseillers financiers
- Examiner les termes et conditions de l'offre
- Faire preuve de prudence concernant l'offre
L'offre doit expirer le 24 mars 2025. Microsoft souligne que les offres mini-tender (moins de 5 % des actions) n'ont pas les mêmes exigences de divulgation et de procédure que les offres plus importantes de la SEC, offrant moins de protections aux investisseurs.
Microsoft (MSFT) hat auf ein unaufgefordertes 'Mini-Tender'-Angebot von TRC Capital Investment vom 21. Februar 2025 reagiert. TRC bietet an, bis zu 300.000 Aktien von Microsoft zu einem Preis von 391,00 USD pro Aktie zu kaufen, was weniger als 0,01% der ausgegebenen Aktien von Microsoft entspricht.
Microsoft bleibt in Bezug auf das Angebot neutral und ist nicht mit TRC verbunden. Das Unternehmen rät den Aktionären:
- Aktuelle Marktpreise zu erhalten
- Berater oder Finanzberater zu konsultieren
- Die Bedingungen und Konditionen des Angebots zu überprüfen
- Vorsicht bezüglich des Angebots walten zu lassen
Das Angebot läuft am 24. März 2025 aus. Microsoft hebt hervor, dass Mini-Tender-Angebote (weniger als 5% der Aktien) nicht die gleichen Offenlegungs- und Verfahrensanforderungen wie größere Tenderangebote der SEC haben, was weniger Schutz für Investoren bedeutet.
- None.
- Unsolicited mini-tender offer could potentially acquire shares below market value
- Offer lacks standard SEC investor protections due to being below 5% threshold
Microsoft is not affiliated with TRC and does not endorse the offer documentation or the offer itself. Microsoft expresses no opinion and is neutral on TRC's offer and encourages shareholders to obtain current market quotations for their shares of Microsoft common stock consult with their brokers or financial advisors, to review the terms and conditions of the offer, to consider any changes TRC may make to the terms (including pricing) and conditions, and to exercise caution with respect to TRC's offer. TRC's offer is currently scheduled to expire one minute after 11:59 p.m.,
TRC has made many similar mini-tender offers for shares of other companies. A mini-tender offer is an offer for less than
Microsoft requests that a copy of this news release be included with all distributions of materials relating to TRC's mini-tender offer.
Microsoft (Nasdaq "MSFT" @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more.
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SOURCE Microsoft Corp.
FAQ
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