Skip main navigation

Barclays uses cookies on this website. They help us to know a little bit about how you use our website, which improves the browsing experience– both for you and for others. They are stored locally on your computer or mobile device. To accept cookies, continue to use the website. Alternatively, go to the cookies policy for more information on how to disable cookies.

Question

What is the ex-date (Corporate Actions)?

Answer

The ex date is a date set by the Stock Exchange to mark a cut-off point for entitlements to Corporate Actions such as Rights Issues, and is usually at start of business that day, e.g. 8am.

 

Whoever holds the shares on this date is entitled to whatever is being offered. If you buy on this date you are not entitled as you did not hold at start of business that day (e.g. 8am) and therefore if you sell on this date, you retain the entitlement, as you did hold at 8am on the ex date.

 

How helpful was this answer?

Not at all Very helpful