preemptive right

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preemptive right

n.
The right of a company's existing stockholders to purchase enough shares to maintain their overall ownership percentage in the event of a new stock issue.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.preemptive right - the right granting to shareholders the first opportunity to buy a new issue of stock; provides protection against dilution of the shareholder's ownership interest
preemption, pre-emption - the right to purchase something in advance of others
Translations
신주인수권
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References in periodicals archive ?
Metropolitan Bank & Trust Company (Metrobank) has set the final terms for its P60-billion stock rights offering with the offer price pegged at P75 per share.
on Wednesday said it slashed its offer price of its stock rights offer (SRO), selling it at 22-percent discount, and expects to raise some P60 billion from the sale that will begin next week.
has priced its stock rights offering at P75 per share, finalizing a P60-billion capital-raising which will support a fast-growing loan book in the coming years.
Babcock & Wilcox announced that it has fixed March 15 as the record date for determination of shareholders entitled to participate in B&W's common stock rights offering.
Monzon said the PSE is on track with its scheduled stock rights offering, which is intended to reduce the brokers' ownership in the exchange to the 20 percent limit mandated by the Securities Regulation Code.
Trinity Place Holdings Inc (NYSE MKT:TPHS) revealed on Thursday the final results of its common stock rights offering at USD7.
Philippines-based Metropolitan Bank & Trust Company (Metrobank) has said that it has completed a stock rights offering.
has been asked to underwrite the stock rights offering.
In addition, OBUs can engage in cross-Strait derivatives, as well as new derivatives linking interest rate, exchange rates, stock rights, commodities, and credit in mainland China.
International Resource News-May 13, 2011--Trans-Asia Oil & Energy Development Corp to start five-day stock rights offering(C)1994-2011 ENPublishing - http://www.
PH), the Philippines' second-largest lender by assets, has said that it will begin its planned stock rights offering on January 5, 2011.
The bonds will mature on 30 July 2010 and will be paid using a portion of the proceeds from First Gen's PHP15bn stock rights offering concluded in January 2010.