Difference between revisions of "Share Buyback Offer Notification"

From Open Risk Manual
(Initial Entry)
 
 
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'''Share Buyback Offer Notification'''. Notification of an offer by the issuing company to existing shareholders to repurchase the company's own shares or other securities convertible into shares.
 
'''Share Buyback Offer Notification'''. Notification of an offer by the issuing company to existing shareholders to repurchase the company's own shares or other securities convertible into shares.
  
SWIFT extra text, presumably synonyms: "Issuer bid; Reduction of circulation shares; Reverse Rights." Scope: Shares only? The definition implies Shares but can this apply to Debt security. Issuer of debt securities could repurchase. In the case of Debt repurchase you would purchase the debt and then cancel the debt. Also RePo market - would this Notification be used and this action apply? No. SWIFT definition full text: "Issuer bid; Reduction of circulation shares; Reverse Rights. Offer by Issuing company to existing shareholders to repurchase the company's own shares or other securities convertible into shares."
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[[SWIFT]] definition full text: "Issuer bid; Reduction of circulation shares; Reverse Rights. Offer by Issuing company to existing shareholders to repurchase the company's own shares or other securities convertible into shares."
  
 
== Disclaimer ==
 
== Disclaimer ==
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[[Category:Corporate Actions Events]]
 
[[Category:Corporate Actions Events]]
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[[Category:SWIFT]]
  
 
{{#set: isDefinedBy | https://spec.edmcouncil.org/fibo/ontology/CAE/CorporateEvents/CorporateActionsEvents/index-en.html }}
 
{{#set: isDefinedBy | https://spec.edmcouncil.org/fibo/ontology/CAE/CorporateEvents/CorporateActionsEvents/index-en.html }}
  
 
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Latest revision as of 11:20, 15 June 2021

Definition

Share Buyback Offer Notification. Notification of an offer by the issuing company to existing shareholders to repurchase the company's own shares or other securities convertible into shares.

SWIFT definition full text: "Issuer bid; Reduction of circulation shares; Reverse Rights. Offer by Issuing company to existing shareholders to repurchase the company's own shares or other securities convertible into shares."

Disclaimer

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.