Offer made by a corporation that allows shareholders to purchase additional shares at a specific price (usually a discount). Shareholders may exercise the right, sell it or simply decline it.
Related information about renounceable right:
- Renounceable Right Definition | Investopedia
An offer issued by a corporation to shareholders to purchase more shares of the corporation's stock (usually at a discount). Renounceable rights have a value ...
- Non-Renounceable Rights Definition | Investopedia
... of the corporation (usually at a discount). Unlike a renounceable right, a non- renounceable right is not transferable, and therefore cannot be bought or sold.
- Renounceable Right: Definition from Answers.com
Renounceable Right An offer issued by a corporation to shareholders to purchase more shares of the corporation's stock (usually at a discount)
- Renounceable Right - Financial Dictionary - The Free Dictionary
A right attached to a security that one may buy or sell separately from that security . The right is usually the ability to buy more shares in a publicly-traded ...
- What is renounceable right? definition and meaning
Definition of renounceable right: Offer made by a corporation that allows shareholders to purchase additional shares at a specific price (usually a discount ).
- What Are Renounceable Rights?
A related concept is the non-renounceable right. In this case, the company offers a chance to buy a particular number of shares at a discount, but it is not ...
- How can capital raisings affect the intrinsic value of companies?
Unlike a renounceable right, a non-renounceable right is not transferable, and hence cannot be bought or sold. This is unfair as stockholders, who for whatever ...
- SGX Stock Education : Company Announcement.wmv - YouTube
Apr 22, 2012 ... Non Renounceable Right issue is non tradeable. ... Renounceable Right Issue means if you don't want to buy the right issue entitled to you, ...