ex-rights

Definition of "ex-rights"
  1. Referring to a stock or other security that is sold without the buyer receiving the right to a recently declared benefit
How to use "ex-rights" in a sentence
  1. The stock was sold ex-rights and therefore the buyer did not receive the dividend.
  2. Because the shareholders sold their shares ex-rights, the new buyers were not entitled to the last issued bonus.
  3. The company issued the stocks ex-rights, so the recently declared dividends were not available to the purchaser.

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