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what is a subscription rights offering of a stock one owns?
user
after a company goes public, if it wants to raise more money, then it does this by secondary public offering or rights issue. in subscription rights issue gives the right to existing share holders to buy new shares at equal proportion. so if every one buys, they maintain the same percentage of ownership. generally the pricing is at discount to current market price. not sure why the price is high, unless the price for this stock fell sharply recently.
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