What is right issue in finance?
- Posted on June 17, 2020
- Financial Terms
- By admin
A right issue is used when a publicly listed company is trying to raise funds by selling new shares.
According to the definition, a rights offering (rights issue) is a group of rights offered to existing shareholders to purchase additional stock shares, known as subscription warrants, in proportion to their existing holdings. ... Rights are often transferable, allowing the holder to sell them in the open market.
Be the first to comment!
You must login to comment