Capital return
The capital return corporate action can be mainly used as a tool for recording capital returns to your portfolios.
The capital return corporate action takes the amount for the transactions created from the position of the chosen security in the portfolio, and uses the capital return per share defined in the corporate action as the unit price in calculating the trade amount of the created transaction.
The capital return can be recorded to the system through the Corporate action window with the following information (a star indicates a mandatory field):
- Security*
The security the capital return is payed for. The amount of this security in the portfolio will determine the amount of the transaction created.
- Capital return per share
The capital return payed per share. The value will become the unit price of the transaction created.
- Annual meeting date
The annual meeting date.
- Expiration date*
The expiration date. The capital return is calculated based on the amount of security in the portfolio on the expiration date. This date will become the transaction date of the transaction created.
- Settlement date
The settlement date of the capital return, e.g. when the capital return is actually paid to the portfolio.
- Transaction type*
The transaction type for the transactions to be created (if recording capital returns, select "Capital return" or similar).
A new corporate action is created with the OK button below the corporate action information. Remember to run the corporate action to your portfolio(s) in order to create appropriate transactions to your portfolios