The rate of return under re-capitalization: A note
The article discusses issues related to variations in rate of return of stocks under re-capitalization. Share returns are commonly adjusted for re-capitalization by distributing the difference between market and exercise prices over the number of shares. Re-capitalization is said to occur when the t...
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Main Authors: | , |
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格式: | text |
語言: | English |
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Institutional Knowledge at Singapore Management University
1988
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在線閱讀: | https://ink.library.smu.edu.sg/lkcsb_research/4982 https://ink.library.smu.edu.sg/context/lkcsb_research/article/5981/viewcontent/9400227.pdf |
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總結: | The article discusses issues related to variations in rate of return of stocks under re-capitalization. Share returns are commonly adjusted for re-capitalization by distributing the difference between market and exercise prices over the number of shares. Re-capitalization is said to occur when the total amount of equity capital or number of shares in a firm changes. New issues usually take the form of bonus issues or new paid-up issues called rights issues, which do not change the amount of equity. |
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