{"id":31332,"date":"2023-12-07T10:32:49","date_gmt":"2023-12-07T10:32:49","guid":{"rendered":"https:\/\/masterskills.org\/blog\/quyen-chon-greenshoe-greenshoe-option-la-gi-cach-thuc-hoat-dong-cua-quyen-chon-greenshoe.html"},"modified":"2023-12-23T08:01:22","modified_gmt":"2023-12-23T01:01:22","slug":"quyen-chon-greenshoe-greenshoe-option-la-gi-cach-thuc-hoat-dong-cua-quyen-chon-greenshoe","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/quyen-chon-greenshoe-greenshoe-option-la-gi-cach-thuc-hoat-dong-cua-quyen-chon-greenshoe.html","title":{"rendered":"Quy\u1ec1n ch\u1ecdn Greenshoe (Greenshoe Option) l\u00e0 g\u00ec? C\u00e1ch th\u1ee9c ho\u1ea1t \u0111\u1ed9ng c\u1ee7a quy\u1ec1n ch\u1ecdn Greenshoe"},"content":{"rendered":"
\n
\n
<\/div>\n
\n

Hi\u0300nh minh ho\u0323a. Ngu\u00f4\u0300n: Newsbytesapp.com<\/i><\/p>\n<\/div>\n<\/div>\n

Quy\u1ec1n ch\u1ecdn Greenshoe<\/font><\/h2>\n

Kha\u0301i ni\u00ea\u0323m<\/b><\/p>\n

Quy\u1ec1n ch\u1ecdn Greenshoe<\/b>\u00a0hay quy\u1ec1n ch\u1ecdn ph\u00e2n b\u1ed5 v\u01b0\u1ee3t m\u1ee9c<\/b> trong ti\u00ea\u0301ng Anh la\u0300 Greenshoe Option <\/b>ho\u1eb7c\u00a0Over-allotment Option<\/b>.<\/p>\n

Trong m\u1ed9t cu\u1ed9c ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu c\u00f4ng khai l\u1ea7n \u0111\u1ea7u (IPO), c\u00f3 m\u1ed9t \u0111i\u1ec1u kho\u1ea3n trong th\u1ecfa thu\u1eadn b\u1ea3o l\u00e3nh ph\u00e1t h\u00e0nh cho ph\u00e9p nh\u00e0 b\u1ea3o l\u00e3nh quy\u1ec1n b\u00e1n cho nh\u00e0 \u0111\u1ea7u t\u01b0 nhi\u1ec1u c\u1ed5 phi\u1ebfu h\u01a1n d\u1ef1 ki\u1ebfn ban \u0111\u1ea7u c\u1ee7a nh\u00e0 ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu n\u1ebfu nhu c\u1ea7u c\u1ed5 phi\u1ebfu cao h\u01a1n d\u1ef1 ki\u1ebfn.\u00a0<\/p>\n

Quy\u1ec1n ch\u1ecdn ph\u00e2n b\u1ed5 v\u01b0\u1ee3t m\u1ee9c<\/b> l\u00e0 m\u1ed9t quy\u1ec1n ch\u1ecdn cho c\u00e1c nh\u00e0 b\u1ea3o l\u00e3nh cho ph\u00e9p b\u00e1n th\u00eam c\u1ed5 ph\u1ea7n m\u00e0 c\u00f4ng ty d\u1ef1 \u0111\u1ecbnh ph\u00e1t h\u00e0nh trong \u0111\u1ee3t ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu c\u00f4ng khai l\u1ea7n \u0111\u1ea7u ho\u1eb7c \u0111\u1ee3t ph\u00e1t h\u00e0nh th\u1ee9 c\u1ea5p\/ti\u1ebfp theo.<\/p>\n

Quy\u1ec1n ch\u1ecdn ph\u00e2n b\u1ed5 v\u01b0\u1ee3t m\u1ee9c c\u00f2n \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 quy\u1ec1n ch\u1ecdn Greenshoe<\/b> v\u00ec n\u0103m 1919, C\u00f4ng ty s\u1ea3n xu\u1ea5t Greenshoe (hi\u1ec7n l\u00e0 m\u1ed9t ph\u1ea7n c\u1ee7a t\u1eadp \u0111o\u00e0n Wolverine World) l\u00e0 t\u1ed5 ch\u1ee9c ti\u00ean phong ph\u00e1t h\u00e0nh lo\u1ea1i quy\u1ec1n ch\u1ecdn n\u00e0y.\u00a0<\/p>\n

M\u1ed9t quy\u1ec1n ch\u1ecdn Greenshoe cung c\u1ea5p s\u1ef1 \u1ed5n \u0111\u1ecbnh gi\u00e1 b\u1ed5 sung cho vi\u1ec7c ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu b\u1edfi v\u00ec b\u1ea3o l\u00e3nh ph\u00e1t h\u00e0nh c\u00f3 th\u1ec3 l\u00e0m t\u0103ng ngu\u1ed3n cung v\u00e0 l\u00e0m gi\u1ea3m bi\u1ebfn \u0111\u1ed9ng gi\u00e1.\u00a0<\/p>\n

\u0110\u00e2y l\u00e0 bi\u1ec7n ph\u00e1p b\u00ecnh \u1ed5n gi\u00e1 duy nh\u1ea5t \u0111\u01b0\u1ee3c \u1ee6y ban Ch\u1ee9ng kho\u00e1n v\u00e0 Giao d\u1ecbch Hoa K\u00ec (SEC) cho ph\u00e9p s\u1eed d\u1ee5ng. \u00a0\u00a0<\/p>\n

C\u00e1ch th\u1ee9c ho\u1ea1t \u0111\u1ed9ng c\u1ee7a quy\u1ec1n ch\u1ecdn Greenshoe\u00a0 <\/font><\/h3>\n

C\u00e1c quy\u1ec1n ch\u1ecdn Greenshoe<\/b> th\u01b0\u1eddng cho ph\u00e9p c\u00e1c nh\u00e0 b\u1ea3o l\u00e3nh ph\u00e1t h\u00e0nh b\u00e1n nhi\u1ec1u h\u01a1n 15% c\u1ed5 ph\u1ea7n so v\u1edbi s\u1ed1 l\u01b0\u1ee3ng ban \u0111\u1ea7u do nh\u00e0 ph\u00e1t h\u00e0nh x\u00e1c \u0111\u1ecbnh.\u00a0<\/p>\n

Th\u1eddi gian b\u00e1n b\u1ed5 sung trong t\u1ed1i \u0111a 30 ng\u00e0y sau khi th\u1ef1c hi\u1ec7n IPO n\u1ebfu nh\u01b0 c\u00e1c \u0111i\u1ec1u ki\u1ec7n v\u1ec1 c\u1ea7u \u0111\u1ea3m b\u1ea3o cho vi\u1ec7c t\u0103ng cung n\u00e0y.\u00a0<\/p>\n

V\u00ed d\u1ee5: n\u1ebfu m\u1ed9t c\u00f4ng ty mu\u1ed1n nh\u00e0 b\u1ea3o l\u00e3nh b\u00e1n 200 tri\u1ec7u c\u1ed5 phi\u1ebfu, th\u00ec nh\u00e0 b\u1ea3o l\u00e3nh c\u00f3 th\u1ec3 ph\u00e1t h\u00e0nh th\u00eam 30 tri\u1ec7u c\u1ed5 phi\u1ebfu b\u1eb1ng c\u00e1ch th\u1ef1c hi\u1ec7n quy\u1ec1n ch\u1ecdn Greenshoe (200 tri\u1ec7u c\u1ed5 phi\u1ebfu x 15%) n\u1ebfu c\u00f3 l\u01b0\u1ee3ng c\u1ea7u \u0111\u1ee7 l\u1edbn.\u00a0Do c\u00e1c nh\u00e0 b\u1ea3o l\u00e3nh nh\u1eadn \u0111\u01b0\u1ee3c hoa h\u1ed3ng theo t\u1ec9 l\u1ec7 ph\u1ea7n tr\u0103m c\u1ee7a IPO, h\u1ecd c\u00f3 \u0111\u1ed9ng c\u01a1 \u0111\u1ec3 th\u1ef1c hi\u1ec7n IPO c\u00e0ng l\u1edbn c\u00e0ng t\u1ed1t.<\/p>\n

Trong\u00a0b\u1ea3n c\u00e1o b\u1ea1ch\u00a0m\u00e0 c\u00f4ng ty ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu n\u1ed9p cho SEC tr\u01b0\u1edbc khi m\u1edf IPO s\u1ebd ph\u1ea3i n\u00eau chi ti\u1ebft t\u1ec9 l\u1ec7 ph\u1ea7n tr\u0103m v\u00e0 \u0111i\u1ec1u ki\u1ec7n th\u1ef1c t\u1ebf li\u00ean quan \u0111\u1ebfn c\u00e1c quy\u1ec1n ch\u1ecdn.\u00a0 \u00a0<\/p>\n

C\u00e1ch s\u1eed d\u1ee5ng quy\u1ec1n ch\u1ecdn Greenshoe\u00a0<\/font><\/h3>\n

Nh\u00e0 b\u1ea3o l\u00e3nh ph\u00e1t h\u00e0nh ch\u1ee9ng kho\u00e1n c\u00f3 th\u1ec3 s\u1eed d\u1ee5ng quy\u1ec1n ch\u1ecdn Greenshoe<\/b> theo m\u1ed9t trong hai c\u00e1ch.\u00a0<\/p>\n

C\u00e1ch th\u1ee9 nh\u1ea5t,<\/i> n\u1ebfu IPO th\u00e0nh c\u00f4ng v\u00e0 gi\u00e1 c\u1ed5 phi\u1ebfu t\u0103ng, c\u00e1c nh\u00e0 b\u1ea3o l\u00e3nh c\u00f3 th\u1ec3 th\u1ef1c hi\u1ec7n quy\u1ec1n ch\u1ecdn v\u00e0 mua c\u1ed5 phi\u1ebfu b\u1ed5 sung t\u1eeb c\u00f4ng ty ph\u00e1t h\u00e0nh v\u1edbi m\u1ee9c gi\u00e1 \u0111\u1ecbnh tr\u01b0\u1edbc v\u00e0 b\u00e1n c\u00e1c c\u1ed5 phi\u1ebfu \u0111\u00f3 cho kh\u00e1ch h\u00e0ng c\u1ee7a h\u1ecd.\u00a0<\/p>\n

C\u00e1ch th\u1ee9 hai<\/i>, n\u1ebfu gi\u00e1 b\u1eaft \u0111\u1ea7u gi\u1ea3m, h\u1ecd c\u00f3 th\u1ec3 mua l\u1ea1i c\u1ed5 phi\u1ebfu t\u1eeb th\u1ecb tr\u01b0\u1eddng thay v\u00ec t\u1eeb c\u00f4ng ty ph\u00e1t h\u00e0nh \u0111\u1ec3 b\u00f9 \u0111\u1eafp cho v\u1ecb th\u1ebf b\u00e1n c\u1ee7a m\u00ecnh c\u0169ng nh\u01b0 h\u1ed7 tr\u1ee3 \u1ed5n \u0111\u1ecbnh gi\u00e1 c\u1ed5 phi\u1ebfu. \u00a0\u00a0<\/p>\n

M\u1ed9t s\u1ed1 nh\u00e0 ph\u00e1t h\u00e0nh kh\u00f4ng mu\u1ed1n th\u00eam quy\u1ec1n ch\u1ecdn Greenshoe<\/b> v\u00e0o th\u1ecfa thu\u1eadn b\u1ea3o l\u00e3nh ph\u00e1t h\u00e0nh c\u1ee7a h\u1ecd trong m\u1ed9t s\u1ed1 tr\u01b0\u1eddng h\u1ee3p nh\u1ea5t \u0111\u1ecbnh, ch\u1eb3ng h\u1ea1n nh\u01b0 n\u1ebfu nh\u00e0 ph\u00e1t h\u00e0nh mu\u1ed1n t\u00e0i tr\u1ee3 cho m\u1ed9t d\u1ef1 \u00e1n c\u1ee5 th\u1ec3 v\u1edbi m\u1ed9t s\u1ed1 ti\u1ec1n c\u1ed1 \u0111\u1ecbnh v\u00e0 kh\u00f4ng c\u00f3 y\u00eau c\u1ea7u ngu\u1ed3n v\u1ed1n b\u1ed5 sung. \u00a0\u00a0<\/p>\n

V\u00ed d\u1ee5 th\u1ef1c t\u1ebf v\u1ec1 quy\u1ec1n ch\u1ecdn Greenshoe\u00a0<\/font><\/h3>\n

M\u1ed9t v\u00ed d\u1ee5 n\u1ed5i ti\u1ebfng v\u1ec1 quy\u1ec1n ch\u1ecdn Greenshoe l\u00e0\u00a0IPO\u00a0c\u1ee7a Facebook n\u0103m 2012. \u00a0\u00a0<\/p>\n

T\u1eadp \u0111o\u00e0n bao ti\u00eau<\/b> b\u1ea3o l\u00e3nh ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu c\u1ee7a Facebook, \u0111\u1ee9ng \u0111\u1ea7u l\u00e0 c\u00f4ng ty Morgan Stanley, \u0111\u00e3 \u0111\u1ed3ng \u00fd v\u1edbi Facebook mua 421 tri\u1ec7u c\u1ed5 phi\u1ebfu v\u1edbi gi\u00e1 38 \u0111\u00f4 la tr\u00ean m\u1ed9t c\u1ed5 phi\u1ebfu, tr\u1eeb ph\u00ed b\u1ea3o l\u00e3nh ph\u00e1t h\u00e0nh l\u00e0 1.1%.\u00a0<\/p>\n

Sau IPO, t\u1eadp \u0111o\u00e0n \u0111\u00e3 b\u00e1n \u00edt nh\u1ea5t 484 tri\u1ec7u c\u1ed5 phi\u1ebfu cho kh\u00e1ch h\u00e0ng – cao h\u01a1n 15% so v\u1edbi s\u1ed1 l\u01b0\u1ee3ng ban \u0111\u1ea7u v\u00e0 t\u1ea1o ra m\u1ed9t v\u1ecb th\u1ebf b\u00e1n 63 tri\u1ec7u c\u1ed5 phi\u1ebfu. \u00a0\u00a0<\/p>\n

N\u1ebfu c\u1ed5 phi\u1ebfu Facebook giao d\u1ecbch tr\u00ean m\u1ee9c gi\u00e1 IPO hay 38$ ngay sau khi ni\u00eam y\u1ebft, t\u1eadp \u0111o\u00e0n bao ti\u00eau s\u1ebd th\u1ef1c hi\u1ec7n quy\u1ec1n ch\u1ecdn Greenshoe \u0111\u1ec3 mua 63 tri\u1ec7u c\u1ed5 phi\u1ebfu t\u1eeb Facebook v\u1edbi gi\u00e1 38 $ \u0111\u1ec3 b\u00f9 \u0111\u1eafp v\u1ecb th\u1ebf b\u00e1n c\u1ee7a h\u1ecd v\u00e0 tr\u00e1nh ph\u1ea3i mua l\u1ea1i c\u1ed5 phi\u1ebfu \u1edf m\u1ee9c gi\u00e1 cao h\u01a1n tr\u00ean th\u1ecb tr\u01b0\u1eddng. \u00a0\u00a0<\/p>\n

Tuy nhi\u00ean, th\u1ef1c t\u1ebf c\u1ed5 phi\u1ebfu c\u1ee7a Facebook \u0111\u00e3 gi\u1ea3m xu\u1ed1ng d\u01b0\u1edbi gi\u00e1 IPO ngay sau khi b\u1eaft \u0111\u1ea7u giao d\u1ecbch, t\u1eadp \u0111o\u00e0n bao ti\u00eau \u0111\u00e3 gi\u1eef v\u1ecb th\u1ebf b\u00e1n c\u1ee7a h\u1ecd v\u00e0 kh\u00f4ng th\u1ef1c hi\u1ec7n quy\u1ec1n ch\u1ecdn Greenshoe<\/b> \u1edf m\u1ee9c kho\u1ea3ng 38 $ \u0111\u1ec3 \u1ed5n \u0111\u1ecbnh gi\u00e1 \u0111\u1ec3 n\u00f3 kh\u00f4ng gi\u1ea3m th\u00eam.<\/p>\n

(Theo Investopedia<\/i>)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n Quy\u1ec1n ch\u1ecdn Greenshoe (ti\u1ebfng Anh: Greenshoe Option) l\u00e0 m\u1ed9t quy\u1ec1n ch\u1ecdn cho c\u00e1c nh\u00e0 b\u1ea3o l\u00e3nh cho ph\u00e9p b\u00e1n th\u00eam c\u1ed5 ph\u1ea7n m\u00e0 c\u00f4ng ty d\u1ef1 \u0111\u1ecbnh ph\u00e1t h\u00e0nh trong \u0111\u1ee3t ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu c\u00f4ng khai l\u1ea7n \u0111\u1ea7u ho\u1eb7c \u0111\u1ee3t ph\u00e1t h\u00e0nh th\u1ee9 c\u1ea5p\/ti\u1ebfp theo.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31332"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=31332"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31332\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=31332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=31332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=31332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}