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Announcement Date |
Also found in: Acronyms | 0.04 sec. |
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Announcement date Date on which particular news concerning a given company is announced to the public. Used in event studies, which researchers use to evaluate the economic impact of events of interest. Announcement Date 1. The date on which a significant piece of news is announced to the public. For example, if a company hires a new CEO, the announcement date is the day it is announced to the media. As the announcement may affect the company's stock price, many analysts observe its performance on the announcement date and consider it a gauge of how the market will treat the news. 2. The date on which a dividend is announced. After the announcement date, the dividend becomes a legal liability and a company is obliged to pay it. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The market's response to the addition of firms to the MSCI USA Index is assessed by testing the statistical significance of abnormal returns surrounding the announcement date (April 30, 2003) and the effective date (May 31, 2003, Saturday). With delays in awarding the contract - no new announcement date has been set - TSA officials could not say whether the Dec. TEI recommends that the government reconsider its general policy of making technical changes to the GST effective from their announcement date. |
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