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cum rights |
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Cum Rights A situation in which the shares held by holders of record are qualified for a rights offering declared by a company. Notes: Shares that are trading cum-rights can be sold to another individual with the rights attached. This is the opposite of ex-rights, which do not allow the transfer of rights from an old shareholder to a new shareholder during the two business days prior to the record date.The price of a stock with cum rights is normally higher than that of a stock with ex-rights. Cum rights With rights.
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The last day for trading MTG shares cum rights for Metro shares is August 15. |
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