Bonus Issue Notification

From Open Risk Manual

Definition

Bonus Issue Notification. Notification of event in which security holders are awarded additional assets free of payment from the issuer in proportion to their holding.

These may be from current profits or may be from accumulated reserves of the company. SWIFT definition text: "Attribution Gratuite (FR); Scrip Issue (GB); Capitalisation Issue. Security holders are awarded additional assets free of payment from the issuer in priportion to their holding."

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This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

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