CORPORATE ACTIONS

A corporate action is any event that brings material change to a company and affects its stakeholders. This includes shareholders, both common and preferred, as well as bondholders. These events are generally approved by the company's board of directors; shareholders are permitted to vote on some events as well. DTC’s Corporate Actions Messaging provides announcements for Distributions, Redemptions, and Reorganizations.

  • Distributions - DTC offers notifications for distributions arising from the servicing of the approximately 3.5 million securities eligible at the depository, including cash and stock dividends, principal and interest, capital gain distributions, and other events.
  • Redemptions - DTC offers notifications for redemptions including full and partial calls, final pay downs, maturities, and other events.
  • Reorganization - DTC offers notifications for reorganizations arising from the servicing of the approximately 3.5 million securities eligible at the depository, including exchange offers, conversions, Dutch auctions, and other events.

 

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