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green shoe option

noun
(FINANCE) an option to allocate more shares than those included in the public issue and to operate a post-listing price stabilising mechanism for a period of up to 30 daysThe initial public offering (IPO) has a greenshoe option attached which allows for the total offering size to be increased by 15 percent.
Synonyms and Other Spellings
  • greenshoe option
  • Green Shoe option
  • over-allotment option


jurisdiction