THE INVESTOR'S GUIDE TO WARRANTS:
Capitalize
on the Fastest Growing Sector of
the Stock Market, Second Edition
(Hardcover)
by Andrew McHattie Rating: ISBN-10: 027303751X
no time to read, try audiobooks
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Website -
Symbol - GPA.RT
Cusip Number - 38067E 11 7
Expiry Date - December 2 1991
News Releases
1991-10-24 18:06 ET - Rights Offering
The company will offer to shareholders of record on November 4 1991 rights to purchase shares of the company. One right will be issued for each share held.
Basis of offering: Two rights exercisable for one share at $0.50
Record date: November 4 1991
Shares trade x-rt: October 29 1991
Rt called for trade: October 29 1991
Rt trade for cash: November 25 1991
Rt expire: December 2 1991
Rt trading symbol: GPA.RT
Rt security No: 834257
Rt Cusip No: 38067E 11 7
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Rights give existing shareholders a chance to proportionately buy shares in the new issue the company is putting out to raise more funds. The certificate showing this privilege is called a right. It gives the stockholders the first opportunity, to buy the new securities.
Rights issue
An offer made by a company to its shareholders to enable them to buy new
shares in the company at a discount to the market price.
