Ex-Date

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Ex-Date

1. See: Ex-dividend date.

2. The date on which the new price of a stock is listed following a stock split. A stock split reduces the price per share, and tickers on exchanges reflect this on and after the ex-date.
References in periodicals archive ?
We find that for both taxable and nontaxable samples, small investors sell before the ex date and buy from the ex date, suggesting that small investors prefer low-priced stocks.
The nuisance hypothesis considers the transaction cost associated with odd-lot trading, the price effect hypothesis considers the price drop on the ex date, and the tax hypothesis emphasizes the income tax liability of the dividend.
Previous research has offered several explanations for the ex date phenomena.
Therefore, small investors who will end up with an odd lot after the distribution have an incentive either to sell before the ex date or to buy afterwards.
Hypothesis 1: For both nontaxable and taxable samples, the order imbalance for small investors will be negative before the ex date and/or be positive on the ex date and afterwards.
One attribute of a stock dividend is that the stock price on the ex date will drop significantly: a stock dividend with a 20% distribution rate prompts the price to drop 16.
Hypothesis 2: For both nontaxable and taxable samples, the order imbalance from noise traders or investors who are subject to a wealth constraint will be negative before the ex date, and positive on the ex date and afterwards.
The press release of April 23rd contained a typographical error and mistakenly referred to April 27th as the Ex Date.
Stock holders who sell their stock today or before the ex date may be selling the right to the distribution.
Shareholders and investors alike will have an opportunity to participate in the newly created dividend as long as one is a shareholder of record by the Ex Date of June 2, 2005.
OTCBB:ESCI), today announced that the National Association of Securities Dealers is expected to set the ex date, or the date on which ESCI shares may be traded without the ADA-ES share distribution, when the Company is informed by the U.
ESCI shareholders who sell after the August 29th record date and before the ex date will be required to deliver the ADA-ES shares along with the ESCI shares sold.