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Question

Rights shares are given only to those shareholders who own the company’s shares on ……….

A Vesting date Correct Answer Incorrect Answer
B Record date Correct Answer Incorrect Answer
C Grant Date Correct Answer Incorrect Answer
D Exercise date Correct Answer Incorrect Answer
E Offer date Correct Answer Incorrect Answer

Solution

In a rights issue, a cut-off date is fixed known as “Record Date” Rights shares are given only to those shareholders who own the company’s shares on the record date.

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