Corporate Action

Any action a publicly-traded company takes that affects its shareholders and/or bondholders, whether positively or negatively. Common examples of corporate action include stock splits, where the company doubles the number of its shares, and calling bonds, where a company deprives bondholders of coupons to which they would otherwise have been entitled. Corporate actions must be approved by the board of directors and in many circumstances shareholders may vote on the measures as well.

Mentioned in ?

References in periodicals archive ?

We are delivering the highest levels of performance with real-time corporate action event processing and message standardisation to improve efficiencies throughout the post-trade cycle.

Australia : BNP Paribas first custodian to use ASXs new ReferencePoint ISO 20022 Corporate Action service

5 million records of corporate actions for over 300,000 securities from over 100,000 companies around the world.

Exchange Data International (EDI) Partners with Quandl to Expand Its Worldwide Corporate Actions Database

Alan Jones, Senior Product Management, SmartStream, states, "The SWIFT certification further reconfirms our commitment to the industry and to making sure we remain thorough when it comes to corporate actions processing.

SmartStream's continued developments in corporate actions processing is certified by SWIFT

This means that any later corporate actions that are defective by reason of the first defective corporate action are also cured.

How Delaware's new Section 204 lets corporations fix past corporate approval mistakes

In May 2012, XBRL US published the second release of the Corporate Actions Taxonomy (CAT), a digital XBRL dictionary that defines more than 50 corporate action messages designed to facilitate corporate action reporting.

XBRL and corporate actions reporting

While the complexity of the data and the large number of communication points have long been the biggest corporate actions pain points, the emergence of data standards has made improvements in automation possible.

Adoption of data standards and shared best practices will help drive automation of corporate actions

Northern Trust and SCORPEO today announce that they have entered into an agreement to use SCORPEOs services to provide an innovative historical corporate actions reporting service, designed to help investors realize the full value in corporate actions.

United Kingdom : Northern Trust Offers innovative historical corporate actions reporting solution

Global Banking News-August 18, 2016--Northern Trust launches innovative historical corporate actions reporting solution

Northern Trust launches innovative historical corporate actions reporting solution