Investor relations & capital-markets communication · Core

Total shareholder return

Also called: TSR

ELI5

Share-price change plus distributions over a period.

Used in conversation

“Can we explain the movement in total shareholder return without hiding the underlying driver?”

Pitch context

You will see “Total shareholder return” in annual reports, earnings decks, filings and investor presentations when the discussion reaches investor relations & capital-markets communication.

Why it matters: In investor relations & capital-markets communication, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 4

Direct term-level sources and supporting source families.