treatment of payout short
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 October 2010
what if buyer recd any shares payout short from exchange on record date for dividend? will buyer receive shares or close out? in case of close out @ what rate?
Aditya Maheshwari
(Expert)
07 October 2010
Buyer will receive money and not shares as shares have been short received from the exchange.
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