Financial

Ex-New

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Ex-New

The sale of a stock in which the buyer does not receive the right to take advantage of a coming bonus issue or the right to receive a warrant that has been announced but not distributed. These rights remain with the seller. In other words, an ex-new sale is both ex-scrip and ex-warrant.
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References in periodicals archive
Of the 45 previous Super Bowls, only five have been won by field goals, with three of those in the last 10 years by Adam Vinatieri, the ex-New England Patriots kicker.
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