Corporate Action

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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.
References in periodicals archive ?
BNP Paribas Securities Services is the first custodian to implement ASX's near real-time ReferencePoint ISO 20022 Corporate Actions announcement service using SWIFT global messaging.
PA) has said that it has become the first custodian to implement ReferencePoint, ASX's near real-time corporate actions announcement service.
com)-- Together with Quandl, EDI is pleased to announce that clients of Quandl will now have access to EDI's Worldwide Corporate Actions database.
UKPRwire, Wed Sep 30 2015] AQMetrics, a leading provider of integrated risk and compliance software for the investment management industry, announced today an agreement with Exchange Data International (EDI), a well-established provider of reference and corporate actions data.
SmartStream, the financial Transaction Lifecycle Management (TLM) specialist, today announced that its TLM Corporate Actions solution has again been awarded SWIFT Certified Application status.
In an unfortunate number of cases due diligence in connection with a corporation's IPO or a major financing uncovers one or more past defective corporate actions.
27 March 2013 -- UK-based financial transaction lifecycle management software specialist SmartStream Technologies said that Denmark-based financial services firm Ringkjobing Landbobank, has selected SmartStream's TLM Corporate Actions solution.
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.
SmartStream wins best Corporate Actions vendor at IMD/IRD awards
CheckFree Corporation has confirmed it has successfully completed the SWIFTNet Testing and Certification Service Proof of Concept (POC) project for ISO 15022 corporate actions messages.
CheckFree Corporation (NASDAQ:CKFR), has announced that HSBC Securities Services (HSS) has implemented the CheckFree eVent(TM) solution to deliver automated end-to-end corporate actions processing to HSS's investment administration clients.
CheckFree Corporation have announced that HSBC Securities Services (HSS) has implemented the CheckFree eVent solution to deliver automated end-to-end corporate actions processing to HSS's investment administration clients.

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