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 - ITP.RT
Cusip Number - 460919 11 1
Expiry Date - Sept. 17, 2007
News Releases
Intertape Polymer rights offering
2007-08-17 20:21 ET - Rights Offering
TSX bulletin 2007-1187
Rights symbol: ITP.RT
Rights Cusip No.: 460919 11 1
Shareholder entitlement: One right for each common share held on the record date
Terms of the rights: 1.6 rights entitle the purchase of one common share at a price of $3.61 per common share ($3.44 (U.S.) for subscribers residing in the United States)
Expiry time: 5 p.m. (Montreal time), Sept. 17, 2007
Ex rights date: Aug. 21, 2007
Record date: Aug. 23, 2007
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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.
