Question Category: Corporate Actions
How do I vote at a company’s AGM?
Australian-listed companies each conduct an Annual General Meeting (AGM) where shareholders can participate in decisions such as electing new directors to the board and….
What is a Share Purchase Plan (SPP) and how do I participate?
A Share Purchase Plan (SPP) is a form of capital raising by a company that offers existing shareholders the opportunity to apply for new….
What is a Rights Issue and how do I participate?
A rights issue is a way companies raise capital from existing shareholders on a pro-rata calculation of your existing shareholding. Rights issues are either….
What is a Share Consolidation and how does this affect me?
A share consolidation reduces the number of shares a company has on issue. This causes the share price to increase proportionally, meaning that the….
What is a Share Split and how does this affect me?
A share split is when a company divides its existing shares into multiple shares, thus increasing the number of shares a company has on….
What is a Scheme of Arrangement and how does this affect me?
A scheme of arrangement allows a company to reconstruct its capital, assets or liabilities with the approval of its shareholders and the Court. The….
What is a takeover, and how does this affect me?
A takeover is when one company (Bidder) makes a bid to take control of another company (Target). The bidder will typically offer shareholders cash….
What will happen if a security that I own delists from the ASX?
If your security has delisted from the ASX, you can no longer trade the security on the market. After the security delists (and in….
How do I change my election in a voluntary corporate action if I have already submitted a response?
If you wish to update your response, simply click on the link in the invitational email and submit a new application. Your latest application….
What is a company option and how do I exercise them?
An option is a contract that gives you the right but not the obligation to buy or sell a security before the expiration date,….