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ex-rights |
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Ex-Rights A condition of a share price after a rights issue on the stock has either expired, been transferred to another investor or been exercised. The rights originally assigned to the stockholder are, for whatever reason, no longer valid or no longer applicable to the stock. Notes: Ex-rights shares are worth less than shares that are not yet ex-rights - the ex-rights shares do not give a shareholder access to a rights offering. Renounceable rights may trade separately, allowing shareholders to choose to sell their rights rather than exercise them.Ex-rights
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| The OMX share will be traded ex-rights to the dividend as of October 24. The Company expects that its common stock will trade ex-rights on the Nasdaq National Market beginning on December 30, 2005. NYSE: CEE) has announced, in connection with its previously publicized rights offering, that the New York Stock Exchange (NYSE) has confirmed the Fund is trading ex-rights as of today. |
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