stocks\rights?

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what is rights? what should i do if received a rights offer?

2007-06-11 06:18:20 · 1 answers · asked by pangt 1 in Business & Finance ➔ Personal Finance

1 answers

Check the websites below for info.

Generally, a company issues 'rights' to existing stockholders to buy shares under the current market price.

It may be because the company is issuing shares in the open market and it's allowing current shareholders to buy additional shares to maintain their percentage of ownership.

2007-06-14 03:05:58 · answer #1 · answered by SPLATT 7 · 0⤊ 0⤋