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What Does Ex-Rights Mean?

By Kristi WaterworthUpdated Jan 1, 2025 at 11:06 AM

Key Points

  • Rights offerings let shareholders buy more shares at a discount, expanding share volume.
  • Ex-rights shares are those no longer attached to a rights offer, usually post-decision.
  • Calculate TERP by adding current market value and rights offering funds, then divide.

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