Mandatory Corporate Action definition
Mandatory Corporate Action means any Corporate Action with non-elective mandatory events; and
Mandatory Corporate Action means a bonus issue of Securities, subdivision or consolidation of Securities which is undertaken by an issuer on a stand alone basis or which is inter-conditional with each other;
Mandatory Corporate Action means a Corporate Action which is not discretionary and affects all securityholders. Examples of Mandatory Corporate Actions include cash dividends, capital repayments, share splits, bonus issues, capital reconstructions, and compulsory acquisitions of Securities.
More Definitions of Mandatory Corporate Action
Mandatory Corporate Action means a corporate action event which is not elective and affects all shareholders of relevant International Securities.