|
|
Ex rights date |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Ex rights dateThe date on which a share of common stock begins trading ex-rights.Ex rights date Similar MatchesCum rightsCum rightsWith rights. Rights Agreement (aka "Poison Pill")Rights Agreement (aka "Poison Pill")An anti-takeover arrangement often established by a company in anticipation of a hostile takeover attempt. The company appoints a Rights Agent who will issue Rights certificates to each shareholder at the time of the takeover attempt. The shareholder may then exercise these rights to receive additional shares of stock and/or debentures, making the target company more expensive to acquire as a result of the additional shares outstanding, or the additional debt. Property rightsProperty rightsRights of individuals and companies to own and use property as they see fit and to receive the stream of income that their property generates. Rights issueRights issueAn offer made by a quoted company to its shareholders to enable them to buy new shares in the company at a discount to the market price.Existing shareholders are usually offered shares in proportion to their existing holding. For example in a one for five rights issue, a shareholder would be invited to buy one new share for every five shares already owned. The new shares are offered at a discount to the current market price and because of that the rights have a value in themselves and can be separately sold.For capital gains purposes, the shares acquired following a rights issue are deemed to have been acquired at the same time as the original shares.Shareholders who hold a company's shares in a PEP, ISA or SIPP account can only take up their rights if they have sufficient funds in those accounts to exercse the rights. Special Drawing Rights (SDR)Special Drawing Rights (SDR)A form of international reserve assets, created by the IMF in 1967, whose value is based on a portfolio of widely used currencies. Further Suggestionscum rightsRights on Rights Offering protected rights rights offering Voting rights Rights offering Ex rights Appraisal rights Surface Rights ex rights Trade-related intellectual property rights |
|
|
|