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Record date

Record date

A record date is the date that determines which shareholders are entitled to, for example, a dividend.

What is a record date?

A record date (Swedish: avstämningsdag) determines which shareholders are entitled to take part in an event, such as a dividend, a share issue or subscription rights. Issues can change the number of shares and owners' stakes.

 

The record date and the ownership register

In a CSD-registered company, whoever is registered with the central securities depository on the record date holds the right, so ownership data must be correct that day. Shares bought after the ex-dividend date normally do not carry the right to the dividend in question.

Record share issues
Henrik Kristensen, NVR
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Related terms

CSD-registered company

A CSD-registered company is a limited company whose share ledger is kept by a central securities depository.

Dividend

A dividend is when a limited company distributes part of its profit to its shareholders.

Share issue

A share issue is when a limited company issues new securities, usually shares, to raise capital.