Rights

外汇网2021-06-19 16:34:41 96

A security giving stockholders entitlement to purchase new shares issued by the corporation at a pdetermined price (normally less than the current market price) in proportion to the number of shares already owned. Rights are issued only for a short period of time, after which they expire.

Taobiz explains Rights

This also known as "subscription rights" or "share purchase rights".

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