Sunday, 12 July 2015

Cima F2 Exam Question No 21

Question No 21:

What is 'Cum rights'?

When a rights issue is announced, all existing shareholders have the right to subscribe for new shares, and so there are rights ('cum rights') attached to the shares, and the shares are traded 'cum rights'

No comments:

Post a Comment

Note: only a member of this blog may post a comment.