subscription right


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Related to subscription right: preemptive right, Subscription price
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Noun1.subscription right - the right of a shareholder in a company to subscribe to shares of a new issue of common stock before it is offered to the public
preemption, pre-emption - the right to purchase something in advance of others
Translations
References in periodicals archive ?
One existing share entitles to one subscription right and one subscription right entitles to subscription of one new share.
For each Dustin share held, one subscription right is received.
Under the terms of the Rights Offering, all record holders of the Company's common stock as of 5:00 p.m., Eastern Daylight Time, on April 19, 2016, the record date for the Rights Offering, will receive, at no charge, one non-transferable subscription right for each share held as of the record date ("basic subscription privilege").
Holders of series A, B and C common shares will be given one-fourth of a share of the corresponding series of Liberty Broadband common stock for each of their shares held as of the record date for the spin-off, as well as a subscription right to buy one series C Liberty Broadband common share for every five shares of Liberty Broadband common stock they receive in the spin-off.
Each holder of the company's common stock will receive one non-transferable subscription right to purchase 0.986896 shares of its common stock at a price of USD0.30 per whole share for each share of its common stock held as of 17:00 , New York City time, on 27 June 2019 (the rights offering record date).
This capital increase will be in cash, through two concurrent operations: the first without the preferential subscription rights being canceled, and the second with the cancellation of the preferential subscription right.
According to the company, shareholders in the company have preferential right to subscribe for shares whereupon one existing share in the company entitles to one subscription right and five subscription rights entitle to subscribe for two new shares.
The subscription right allows shareholders to maintain the same percentage of ownership they had before the new stock issuance within a certain expiry date for subscription.
Eastern Time on September 26, 2014 will receive one non-transferrable subscription right for each whole share of common stock owned.
Sears Holdings will distribute one transferable subscription right for each share of Sears Holdings common stock held as of the record date, with the number of subscription rights required to purchase a share of Sears Hometown common stock from Sears Holdings to be determined on 7 September, the group said.
Each share owned is allocated one subscription right and ten subscription rights are required per new issue share.
Thereafter, the company will distribute to each holder its common stock one non-transferable subscription right to buy 0.986896 shares at USD0.30 per whole share for each share held as of 17:00 New York City time, on 27 June 2019 (the rights offering record date).