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Book Closure |
Also found in: Wikipedia | 0.01 sec. |
Book Closure The date on which a publicly-traded company announces that a shareholder is entitled to a dividend. Theoretically, only those who own a stock on the announcement date should be entitled to a dividend; however, because shares change hands so often, actually calculating this can become quite complex. To make the process easier, the company may simply announce a book closure date at some point in the near future, which means that whoever owns a share on that day may claim a declared dividend. 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 Board has fixed the book closure dates from Wednesday, May 23, 2001 to Monday, June 11, 2001 (both days inclusive) for purpose of ascertaining the names of Members who would be entitled to the dividend, if declared, at the Annual General Meeting. The book closure arrangements between 16th July, 1998 to 23rd July, 1998 for the Existing Warrants will accordingly be cancelled. |
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