|
Corporate Actions:Any event initiated by a corporation that impacts its shareholders is called a corporate action. Corporate Actions can pertain to either equity or debt securities, although there are some differences in the action types that apply to each. A mandatory action is one in which the holder of the security has no choice
regarding the change in status of his or her shares. Most mandatory actions
happen automatically, with no action required on the part of the holder. A
stock split is an example of a mandatory action.
A voluntary action is one in which the holder has a choice to make about how the action will affect the status of his or her shares. Usually, there is some action required on the part of the holder in order to participate in the action
Exchange Data International has a range of Corporate Action products
that address the different requirements companies have.
|
||
|
||
|
||
