Relative TSR

Example Definitions of "Relative TSR"
Relative TSR. Rank order of the Company's total shareholder return for the three-year period ending , 20 as compared to the total shareholder return of each of the other companies then included in the S&P Apparel Index (or such successor index or, if the S&P Apparel Index is discontinued, comparable index determined by the Committee) for a reasonably comparable three-year period. For this purpose, total shareholder return of the Company and each other relevant company shall be determined by dividing (i) the... sum of (A) the cumulative amount of dividends or similar equity distributions during the three-year period described above, assuming dividend/distribution reinvestment, and (B) the difference between the common equity price of such company at the end and the beginning of such three-year period by (ii) the common equity price of such company at the beginning of such three-year period, with such amount determined expressed as a percentage so that each of the companies may be ranked in order from the highest total shareholder return to the lowest total shareholder return and the relative ranking of the Company within that order may be determined (references to rank herein are determined from the lowest return so that, for example, the percentile is the percentile from the lowest total shareholder return). View More
Relative TSR. The rank order of the Company's total shareholder return for the period beginning on the Grant Date and ending on , 20 (the Reference Period), as compared to the total shareholder return of each of the other companies then included in the S&P Apparel Index (or such successor index or, if the S&P Apparel Index is discontinued, a comparable index determined by the Committee) for the Reference Period determined as provided herein. For this purpose, total shareholder return of the Company and each... other relevant company shall be determined by dividing (i) the sum of (A) the difference between the common equity value of such company at the end and beginning of the Reference Period and (B) the common equity value at the end of the Reference Period of the aggregate of the common equity that could have been acquired on each dividend payment date by the dividends paid on the common equity during the Reference Period (including common equity that could have been so acquired with dividends on the common equity so deemed to be acquired) plus any equity distributions on the common equity during the Reference Period by (ii) the common equity value of such company at the beginning of the Reference Period, with such amount determined expressed as a percentage so that each of the companies may be ranked in order from the highest total shareholder return to the lowest total shareholder return and the relative ranking of the Company within that order may be determined (references to rank herein are determined from the lowest return so that, for example, the percentile is the percentile from the lowest total shareholder return). For purposes hereof, the common equity value of the Company or any other relevant company as of the beginning or end of a period shall be the average of the closing prices for such common equity on the principle exchange on which it is traded for the 90 trading days ending on the applicable beginning or ending date of the period. View More
Relative TSR. Shall mean the Company's TSR relative to the TSR of the companies that comprise the S&P 500 Index as of the last day of the Performance Period, expressed as a percentile.
Relative TSR. The TSR Percentile for the Performance Period.
Relative TSR. Relative TSR means the percentile placement of H&R Block's Total Shareholder Return relative to the Total Shareholder Returns of the Peer Companies. Relative TSR will be determined by ranking H&R Block and the Peer Companies from highest to lowest according to their respective Total Shareholder Returns. Based on this ranking, the percentile performance of H&R Block relative to the Peer Companies will be determined as follows: P = 1 –R – 1N 'P' represents H&R Block's percentile performance which... will be rounded, if necessary, to the nearest whole percentile (with 5 being rounded up). 'N' represents the number of Peer Companies. 'R' represents H&R Block's ranking among the Peer Companies. View More
Relative TSR. The TSR of the Company compared to the TSR of the Peer Companies on a relative basis during the applicable Performance Period
All Definitions