laajennusjako

Laajennusjako, meaning "expansion division" in Finnish, refers to a specific type of share issue by a company where new shares are offered to existing shareholders. This is a common method for companies to raise capital, allowing them to fund growth, investments, or acquisitions. The key characteristic of a laajennusjako is that it is typically offered at a discount to the current market price of the shares. This discount incentivizes existing shareholders to participate and subscribe to the new shares.

The process of a laajennusjako involves several steps. First, the company's board of directors decides to propose a share issue to the shareholders. This proposal is then presented at a general meeting of shareholders, where a resolution is passed to approve the issue. If approved, the company announces the terms of the share issue, including the subscription price, the ratio of new shares to existing shares, and the subscription period. Existing shareholders then have the right to subscribe to new shares based on their current holdings. Any shares not subscribed by existing shareholders may then be offered to the public or other investors.

Laajennusjako can dilute the ownership percentage of shareholders who do not participate in the new share issue, as the total number of outstanding shares increases. However, it also provides an opportunity for existing shareholders to increase their stake in the company. The valuation and potential success of a company often influence the desirability and effectiveness of a laajennusjako.