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 - INC.RT
Cusip Number - 453299 11 7
Expiry Date - Nov. 3, 2014
News Releases
Income Financial rights offering
2014-08-19 19:31 ET - Rights Offering
Income Financial Trust will grant unitholders of record at the close of business on Monday, Aug. 25, 2014, rights to purchase additional units, according to the Toronto Stock Exchange.
The TSX reports the trust will issue one right for each unit held on the record date.
Basis of offering: Four rights will entitle the holder to buy one Income Financial unit for $10.72
Shares trade ex rights: Aug. 21, 2014
Rights expire: 12 p.m. (Toronto time) on Nov. 3, 2014
Trade dates:
Oct. 29, 2014, will be for special settlement on Oct. 31, 2014
Oct. 30 and Oct. 31, 2014, will settle on the next business day in cash
Nov. 3, 2014, will settle on the same day in cash
Rights symbol: INC.RT
Cusip No. 453299 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.
