ABA offers stock rights to shareholders



Abacus Consolidated Resources Holdings, Inc. (Stock Code: ABA) is offering additional shares through a 1:4 Stock Rights Offering to all stockholders as of ex-date of December 18, 2007.

Holders of ABA shares before the ex-date are entitled to the offering. Offer price is Php 0.01 per share.

Proceeds from the rights offering will be used to assist its operating partner in progressing the company’s mining interests.

More about stock rights after the jump.

Abacus Consolidated Resources Holdings, Inc. (Stock Code: ABA) is offering additional shares through a 1:4 Stock Rights Offering to all stockholders as of ex-date of December 18, 2007.

Holders of ABA shares before the ex-date are entitled to the offering. Offer price is Php 0.01 per share.

Proceeds from the rights offering will be used to assist its operating partner in progressing the company’s mining interests.

More about stock rights after the jump.

Abacus Consolidated Resources Holdings, Inc. (Stock Code: ABA) is offering additional shares through a 1:4 Stock Rights Offering to all stockholders as of ex-date of December 18, 2007.

Holders of ABA shares before the ex-date are entitled to the offering. Offer price is Php 0.01 per share.

Proceeds from the rights offering will be used to assist its operating partner in progressing the company’s mining interests.

More about stock rights after the jump.

Abacus Consolidated Resources Holdings, Inc. (Stock Code: ABA) is offering additional shares through a 1:4 Stock Rights Offering to all stockholders as of ex-date of December 18, 2007.

Holders of ABA shares before the ex-date are entitled to the offering. Offer price is Php 0.01 per share.

Proceeds from the rights offering will be used to assist its operating partner in progressing the company’s mining interests.

More about stock rights after the jump.

Abacus Consolidated Resources Holdings, Inc. (Stock Code: ABA) is offering additional shares through a 1:4 Stock Rights Offering to all stockholders as of ex-date of December 18, 2007.

Holders of ABA shares before the ex-date are entitled to the offering. Offer price is Php 0.01 per share.

Proceeds from the rights offering will be used to assist its operating partner in progressing the company’s mining interests.

More about stock rights after the jump.

What is a stock right? 

A stock right is an option given to present shareholders to buy additional shares of stock at a price lower than its market price. Stockholders who exercise this right technically earn an immediate profit because the additional shares offered under the stock right is priced at a discount over the current market price.

What does a 1:4 stock right offering mean?

A 1:4 stock right means that for every share owned by the stockholder, he or she is entitled to buy four shares under the offering.

How do stock rights differ from warrants?

Like stock rights, warrants give the holder the right, but not the obligation, to subscribe to new shares at a price lower than the current market price. However, warrants are not necessarily offered to existing shareholders alone. They are offered to the public and can be bought, on a detachable basis, in a stock offering or in the secondary market.  Also, warrants can only be exercised at a future period determined by the issuer.What is a stock right?

A stock right is an option given to present shareholders to buy additional shares of stock at a price lower than its market price. Stockholders who exercise this right technically earn an immediate profit because the additional shares offered under the stock right is priced at a discount over the current market price.

What does a 1:4 stock right offering mean?

A 1:4 stock right means that for every share owned by the stockholder, he or she is entitled to buy four shares under the offering.

How do stock rights differ from warrants?

Like stock rights, warrants give the holder the right, but not the obligation, to subscribe to new shares at a price lower than the current market price. However, warrants are not necessarily offered to existing shareholders alone. They are offered to the public and can be bought, on a detachable basis, in a stock offering or in the secondary market.  Also, warrants can only be exercised at a future period determined by the issuer.What is a stock right? 

A stock right is an option given to present shareholders to buy additional shares of stock at a price lower than its market price. Stockholders who exercise this right technically earn an immediate profit because the additional shares offered under the stock right is priced at a discount over the current market price.

What does a 1:4 stock right offering mean?

A 1:4 stock right means that for every share owned by the stockholder, he or she is entitled to buy four shares under the offering.

How do stock rights differ from warrants?

Like stock rights, warrants give the holder the right, but not the obligation, to subscribe to new shares at a price lower than the current market price. However, warrants are not necessarily offered to existing shareholders alone. They are offered to the public and can be bought, on a detachable basis, in a stock offering or in the secondary market.  Also, warrants can only be exercised at a future period determined by the issuer.What is a stock right? 

A stock right is an option given to present shareholders to buy additional shares of stock at a price lower than its market price. Stockholders who exercise this right technically earn an immediate profit because the additional shares offered under the stock right is priced at a discount over the current market price.

What does a 1:4 stock right offering mean?

A 1:4 stock right means that for every share owned by the stockholder, he or she is entitled to buy four shares under the offering.

How do stock rights differ from warrants?

Like stock rights, warrants give the holder the right, but not the obligation, to subscribe to new shares at a price lower than the current market price. However, warrants are not necessarily offered to existing shareholders alone. They are offered to the public and can be bought, on a detachable basis, in a stock offering or in the secondary market.  Also, warrants can only be exercised at a future period determined by the issuer.What is a stock right? 

A stock right is an option given to present shareholders to buy additional shares of stock at a price lower than its market price. Stockholders who exercise this right technically earn an immediate profit because the additional shares offered under the stock right is priced at a discount over the current market price.

What does a 1:4 stock right offering mean?

A 1:4 stock right means that for every share owned by the stockholder, he or she is entitled to buy four shares under the offering.

How do stock rights differ from warrants?

Like stock rights, warrants give the holder the right, but not the obligation, to subscribe to new shares at a price lower than the current market price. However, warrants are not necessarily offered to existing shareholders alone. They are offered to the public and can be bought, on a detachable basis, in a stock offering or in the secondary market.  Also, warrants can only be exercised at a future period determined by the issuer.

3 thoughts on “ABA offers stock rights to shareholders”

  1. Other popular stock prices, the new and weaker. Buy or sell stock? e-mail to us, professional advice and recommendation.

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