The Date by Which a Shareholder Must Be Registered on the Firm's

question 74

Multiple Choice

The date by which a shareholder must be registered on the firm's roll as having share ownership in order to receive a declared dividend is called the:

• A)ex-rights date.
• B)ex-dividend date.
• C)date of record.
• D)date of payment.
• E)declaration date.

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Definitions:

Assets and Liabilities

The items a company owns (assets) and the debts it owes (liabilities), fundamental components of a company's financial health.

Tender Offer

An offer to purchase made by one company directly to the shareholders of another (target) company; often referred to as a “takeover bid.”

Target Company's Management

The executive and senior officers responsible for operating and making strategic decisions for a company that is being considered for acquisition or merger.

Merger

The combining of two or more entities into one, through either the acquisition of one by another or the consolidation of both into a new entity.