Corporate action: Difference between revisions
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{{g}}An action with regard to a security — a merger, rights issue, restructuring or similar — | {{g}}An action with regard to a security — a merger, rights issue, restructuring or similar — which obliges a shareholder to make a vote or exercise an election of some kind. Can get tasty in the context of a [[stock lending]] arrangement, if the {{gmslaprov|Borrower}} is [[short]] the security in question on the [[record date]]. | ||
{{Seealso}} | {{Seealso}} | ||
*{{gmslaprov|Corporate actions}} | *{{gmslaprov|Corporate actions}} | ||
Revision as of 10:39, 5 February 2020
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An action with regard to a security — a merger, rights issue, restructuring or similar — which obliges a shareholder to make a vote or exercise an election of some kind. Can get tasty in the context of a stock lending arrangement, if the Borrower is short the security in question on the record date.