scrip issue

A scrip issue is a form of secondary issue.

A scrip issue is the process of creating new shares which are given free of charge to existing shareholders.

A scrip issue is the alteration of the number of shares in issue.

The authorization of any change in share capital - rights issues, placements, scrip issues and repurchases.

It's sometimes also called a 'scrip issue'.

Finally, I'd like to mention that we shall be recommending for shareholders a one for one scrip issue.

The supermarket giant has had no fewer than four scrip issues in this period and on each occasion the number of shares held has effectively doubled.

The scrip issue will make the shares more marketable, while the full listing will provide more liquidity and easier access to capital.

This is not an uncommon dilemma for people who have been left with the remnant of some larger shareholding, perhaps as the result of a scrip issue.

During the Depression local merchants accepted the scrip issued by the university to faculty members when it was virtually broke, and ended up forgiving many of their debts.

This cautious optimism was reflected in the share price of 215p at 12 August, comparing well with the year end 899p (before the intervening 3:1 scrip issue).

For example Hanson Plc (formerly Hanson Trust) made two scrip issues during the period 1985 88 when the market price was sustained above 300p.

It is worth remembering that a deeply discounted rights issue is merely one which has had some of the qualities of a scrip issue added to it.

Scrip issued in exchange for these cash benefits, such as TANF, can be used to purchase non-food items and is not subject to the above rules.

SCO ISH Television plans to repeat June's 1-for-1 scrip issue after seeing its shares double in nine months.

However, scrip issued for SNAP benefits must be distinct from scrip issued for cash benefits.

There you purchased two cartons of recording chips, paying for them with cash scrip issued by the Bajoran provisional government- the Rhaessian cheated you on the exchange rate.

MPC--Military Payment Certificate: funny money or scrip issued to U.S. military personnel in Vietnam.

The role of Jewish merchants as bankers is documented by a fine example of scrip issued in 1863 by Spiegelberg Hermanos, the Spiegelberg Brothers.

BRITAIN'S biggest sock maker and second largest bra maker, Sherwood, will this week announce pre-tax profit of £14 million plus, a 4-for-1 scrip issue and plans for a full market listing.

The Board of Directors did however agree to a scrip issue by issuing one bonus share for every two old shares to all new shareholders who purchased shares during the April scrip issue.

Thus, the work of Fama et al on the significance of scrip issues indicated that the issues themselves did not tell the market anything it did not already know from its analysis of the company's performance during the 30 months before the split.

In the last decade of the eighteenth century the United States had just three banks but more than fifty different currencies in circulation: English, Spanish, French, Portuguese coinage, scrip issued by states, cities, backwood stores, and big city enterprises.

In both transactions, the purchases were paid for with a scrip issued by a barter exchange network that Mr. Hansen, Mr. Shields and the seafood store operator, "Captain" Sid Sobel, belong to, along with some 180 other business, professional and trades people in the south-central part of the state.