How Share Value Is Determined-
Unlike public company stock, our ESOP shares are not traded on the stock market. Instead, the value of Bayview shares is set once a year through an independent valuation conducted by a professional third party. This valuation considers the company’s financial performance, assets, liabilities, and market conditions.
Think of it like an annual “snapshot” of the company’s worth. The better Bayview performs as a company—through successful projects, operational excellence, and smart growth—the higher the value of our shares.
Why Share Valuation Matters to Employees-
The share value determines the financial benefit each employee can receive through the ESOP. It impacts retirement accounts and eventual payouts when an employee retires, leaves the company, or the company undergoes major events like mergers or sales. Understanding how this value is calculated helps us see the direct connection between our daily work and long-term financial rewards.
Key Points to Remember
- Annual updates: The share price is recalculated once a year, not daily.
- Independent valuation: An outside expert ensures fairness and transparency.
- Long-term perspective: ESOP shares grow over time, reflecting sustained company success.