Enum: CorporateActionTypeEnum
The enumerated values to specify the origin of a corporate action transfer.
URI: common_domain_model:CorporateActionTypeEnum
Permissible Values
| Value | Meaning | Description |
|---|---|---|
| CashDividend | None | Corporate action triggered by the distribution of a cash dividend |
| StockDividend | None | Corporate action triggered by the distribution of a stock dividend |
| StockSplit | None | Corporate action triggered by a stock split |
| ReverseStockSplit | None | Corporate action triggered by a reverse split |
| SpinOff | None | Corporate action triggered by a spin Off |
| Merger | None | Corporate action triggered by a merger |
| Delisting | None | Corporate action triggered by the removal of a security from a stock exchange |
| StockNameChange | None | Corporate action triggered by a change in the name used to trade the security |
| StockIdentifierChange | None | Corporate action triggered by a change in the code used to trade the security |
| RightsIssue | None | Corporate action triggered by an issuance to shareholders of rights to purcha... |
| Takeover | None | Corporate action triggered by a takeover |
| StockReclassification | None | Corporate action triggered by a Stock Reclassification |
| BonusIssue | None | Corporate action triggered by a bonus issue |
| ClassAction | None | Corporate action triggered by a Class Action |
| EarlyRedemption | None | Corporate action triggered by an early redemption |
| Liquidation | None | Corporate action triggered by a liquidation |
| BankruptcyOrInsolvency | None | Corporate action triggered by bankruptcy, insolvency filing or insolvency of ... |
| IssuerNationalization | None | Corporate action triggered by the nationalization of the issuer of the Securi... |
| Relisting | None | Corporate action triggered by the relisting of a security from the original s... |
| BespokeEvent | None | Corporate Action which is separately agreed between the parties and/or descri... |
Slots
| Name | Description |
|---|---|
| corporateActionIntent | The intent of a corporate action on the position |
| corporateActionTransferType | |
| corporateActionType | The type of corporate action taking place |
Identifier and Mapping Information
Schema Source
- from schema: https://w3id.org/lmodel/common-domain-model
LinkML Source
name: CorporateActionTypeEnum
description: The enumerated values to specify the origin of a corporate action transfer.
from_schema: https://w3id.org/lmodel/common-domain-model
rank: 1000
permissible_values:
CashDividend:
text: CashDividend
description: Corporate action triggered by the distribution of a cash dividend.
StockDividend:
text: StockDividend
description: Corporate action triggered by the distribution of a stock dividend.
StockSplit:
text: StockSplit
description: Corporate action triggered by a stock split. A stock split or stock
divide increases the number of shares in a public company. The price is adjusted
such that the before and after market capitalization of the company remains
the same and dilutiondoes not occur. The value maps closely to the ISO code
(SPLF) defined as a distribution of subsidiary stock to the shareholders of
the parent company without a surrender of shares.
ReverseStockSplit:
text: ReverseStockSplit
description: Corporate action triggered by a reverse split. A reverse stock split
or reverse split is a process by a company of issuing to each shareholder in
that company a smaller number of new shares in proportion to that shareholder's
original shares that are subsequently canceled. A reverse stock split is also
called a stock merge. The reduction in the number of issued shares is accompanied
by a proportional increase in the share price. The value maps closely to the
ISO code (SPLR) defined as a decrease in a company's number of outstanding equities
without any change in the shareholder's equity or the aggregate market value
at the time of the split. Equity price and nominal value are increased accordingly.
SpinOff:
text: SpinOff
description: Corporate action triggered by a spin Off. A spin-out, also known
as a spin-off or a starburst, refers to a type of corporate action where a company
splits off sections of itself as a separate business. The value maps closely
to the ISO code (SOFF) defined as a a distribution of subsidiary stock to the
shareholders of the parent company without a surrender of shares. Spin-off represents
a form of divestiture usually resulting in an independent company or in an existing
company. For example, demerger, distribution, unbundling.
Merger:
text: Merger
description: Corporate action triggered by a merger. Mergers and acquisitions
(abbreviated M&A) is an aspect of corporate strategy, corporate finance and
management dealing with the buying, selling, dividing and combining of different
companies and similar entities that can help an enterprise grow rapidly in its
sector or location of origin, or a new field or new location, without creating
a subsidiary, other child entity or using a joint venture. The distinction between
a merger and an acquisition has become increasingly blurred in various respects
(particularly in terms of the ultimate economic outcome), although it has not
completely disappeared in all situations. The value maps closely to the ISO
code (MRGR) defined as an offer made to shareholders, normally by a third party,
requesting them to sell (tender) or exchange their equities.
Delisting:
text: Delisting
description: Corporate action triggered by the removal of a security from a stock
exchange.
StockNameChange:
text: StockNameChange
description: Corporate action triggered by a change in the name used to trade
the security.
StockIdentifierChange:
text: StockIdentifierChange
description: Corporate action triggered by a change in the code used to trade
the security.
RightsIssue:
text: RightsIssue
description: Corporate action triggered by an issuance to shareholders of rights
to purchase additional shares at a discount.
Takeover:
text: Takeover
description: Corporate action triggered by a takeover. A takeover is the purchase
of onecompany (the target) by another (the acquirer, or bidder). The value maps
to the ISO code (TEND) but is finer grained than TEND which emcompasses Tender/Acquisition/Takeover/Purchase
Offer/Buyback. ISO defines the TEND code as an offer made to shareholders, normally
by a third party, requesting them to sell (tender) or exchange their equities.
StockReclassification:
text: StockReclassification
description: Corporate action triggered by a Stock Reclassification.
BonusIssue:
text: BonusIssue
description: Corporate action triggered by a bonus issue. A bonus issue or bonus
share is a free share of stock given to current shareholders in a company, based
upon the number of shares that the shareholder already owns. While the issue
of bonus shares increases the total number of shares issued and owned, it does
not change the value of the company. The value maps closely to the ISO code
(BONU) defined as a bonus, scrip or capitalisation issue. Security holders receive
additional assets free of payment from the issuer, in proportion to their holding.
ClassAction:
text: ClassAction
description: Corporate action triggered by a Class Action. An action where an
individual represents a group in a court claim. The judgment from the suit is
for all the members of the group (class). The value maps closely to the ISO
code (CLSA) defined as the situation where interested parties seek restitution
for financial loss. The security holder may be offered the opportunity to join
a class action proceeding and would need to respond with an instruction.
EarlyRedemption:
text: EarlyRedemption
description: Corporate action triggered by an early redemption. The value maps
closely to the ISO code (MCAL) defined as the redemption of an entire issue
outstanding of securities, for example, bonds, preferred equity, funds, by the
issuer or its agent, for example, asset manager, before final maturity.
Liquidation:
text: Liquidation
description: Corporate action triggered by a liquidation. When a business or firm
is terminated or bankrupt, its assets are sold (liquidated) and the proceeds
pay creditors. Any leftovers are distributed to shareholders. The value maps
closely to the ISO code (LIQU) defined as a distribution of cash, assets or
both. Debt may be paid in order of priority based on preferred claims to assets
specified by the security.
BankruptcyOrInsolvency:
text: BankruptcyOrInsolvency
description: Corporate action triggered by bankruptcy, insolvency filing or insolvency
of the issuer of the Security.
IssuerNationalization:
text: IssuerNationalization
description: Corporate action triggered by the nationalization of the issuer of
the Security.
Relisting:
text: Relisting
description: Corporate action triggered by the relisting of a security from the
original stock exchange to another exchange.
BespokeEvent:
text: BespokeEvent
description: Corporate Action which is separately agreed between the parties and/or
described elsewhere in the document (for instance in bespoke term described
in string type objects present in some root attributes of Agreement type).