13:21 Mar 2, 2020 |
German to English translations [PRO] Bus/Financial - Accounting | |||||||
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| Selected response from: Ted Wozniak United States Local time: 01:44 | ||||||
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deposit of equities Explanation: ... |
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surrender of dividend rights /claims Explanation: As a logical deduction.... -------------------------------------------------- Note added at 20 mins (2020-03-02 13:41:38 GMT) -------------------------------------------------- ...waiver might also be an option... "...the new shares issued in exchange for the surrender of dividend rights will be released..," https://www.montea.com/news/enactment-of-the-implementation-... |
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contributing their dividend rights Explanation: is what is says. But it's a rather odd formulation at best. Companies can normally pay out dividends in cash or stock so I don't know why shareholders would have to surrender their entitlement to (presumably cash) dividends. All I can think of is that these capital increases would be made using funds that would otherwise be paid out in cash. |
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gegen Einlage der Dividendenansprüche ....aus dem genehmigten Kapital in return for the dividend entitlements being capitalis/zed.....out of the authoris/zed capital Explanation: The German-speaking source-country needs to be known, as the meaning can change from North Germany to Austria (Einlage = registration). Otherwise, there are two ways of reading and parsing the phrase: Aktien der Gesellschaft....aus dem genehmigten Kapital ausgegeben> company shares are issued out of the authorized capital or Einlage der Dividendenansprüche der Aktionäre .....aus dem genehmigten Kapital > in consideration of the shareholders' dividend entitlements being capitalised (taken out) of such - which must make more sense. Example sentence(s):
Reference: http://www.proz.com/personal-glossaries/entry/882646-einlage... |
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