Record Date
Definition
What is Record Date?
The date used to determine which registered holders qualify for a distributionIncome or realised gains paid by a fund to its unitholders. or corporate action.
Example in practice
How This Looks in Practice
The registrarThe service provider that maintains ownership records and processes specified investor entitlements. checks the shareholderA person or entity that owns one or more shares in a company. register on the record date.
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Related Terms
Rights Issue
An offer allowing existing shareholders to buy additional shares, usually in proportion to their holdings.
Corporate ActionsBonus Issue
An issue of additional shares to existing shareholders without a cash payment.
Corporate ActionsStock Split
An increase in the number of shares accompanied by a proportional reduction in price per share, leaving total value initially unchanged.
Corporate GovernanceProxy Vote
A vote cast by another person or electronically on behalf of a shareholder.