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Rights Offering
A method by which a company raises capital by giving its existing shareholders the right to purchase additional shares directly from the company at a specified price within a set time.
Record Date
The specified date on which a company determines the shareholders eligible to receive a dividend or distribution.
Ex-rights Date
The ex-rights date is the first trading day when the buyer of a stock is not entitled to receive a previously declared rights offering, often leading to a decrease in the stock's price.
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