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Simple English definitions for legal terms

ex warrants

Read a random definition: New York Times v. Sullivan (1964)

A quick definition of ex warrants:

Term: EX WARRANTS

Definition: Ex warrants means without warrants. When shares are traded ex warrants, it means that they no longer come with the right to receive declared warrants that have been distributed to holders. This is abbreviated as X or XW.

Simply put, ex warrants means that you don't get any extra benefits that come with owning a share, like receiving warrants, when you buy or sell it.

A more thorough explanation:

EX WARRANTS

Ex warrants means without warrants. When shares are traded ex warrants, it means that they no longer carry the right to receive declared warrants that have been distributed to holders. This is abbreviated as X or XW.

Example 1: Company A declares a dividend of $1 per share and also distributes warrants to its shareholders. The shares are traded ex warrants after the ex-dividend date, which means that anyone who buys the shares after that date will not receive the warrants.

Example 2: Company B announces a rights issue of shares along with warrants. The shares are traded ex warrants after the ex-rights date, which means that anyone who buys the shares after that date will not be entitled to the warrants.

These examples illustrate how shares are traded ex warrants after a certain date, which means that the new buyers of those shares will not receive the warrants that were distributed to the previous shareholders.

EXW | ex works

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babycat
16:37
I'm guessing you don't have a sibling named babycat but I hope I still make you marginally happier than normal despite this
JumpySubsequentDolphin
16:38
maybe he has a babycat
babycat
16:38
I think everyone should have a babycat
JumpySubsequentDolphin
16:39
im allergic to baby cats >:(
JumpySubsequentDolphin
16:40
I used to have a babycat, I only got allergies after he died
JumpySubsequentDolphin
16:40
I think he’s haunting me
babycat
16:40
:(
babycat
16:40
that's too bad
babycat
16:40
you still have me though <3
@babycat: you make my day marginally happier with your scathing wit
16:43
New Father John Misty album out today
16:44
People saying it’s his best yet by far
babycat
16:45
what would I do without you renard99
awww ty wasp :)
i have 4 (baby) cats!
16:46
Damn you know her sarcasm is meant to be scathing when she calls me by my full username and not just Renard
JumpySubsequentDolphin
16:47
@jackfrost11770: FOUR?!??
16:48
I’m only teasing Babycat ily I’ll be seeing you in [REDACTED] very very soon
YES
and they're all rescues from breeders so they're all long haired persians .... w flat faces ....
they're all runts cause breeders just ... dispose of them (:(((() so they're all super tiny
literal babies
babycat
16:49
ily2 renard99
initiallaw
16:49
omg so cute
JumpySubsequentDolphin
16:51
@jackfrost11770: IM SO JEALOUS
2big2fail
16:52
perhaps peggerdine this evening
2big2fail
16:52
but then again, perhaps not
JumpySubsequentDolphin
16:53
damn no ucla wave
16:56
Hey guys! chance me 340/340GRE- 2 years work experience at PIL and wrote compelling statements. but my masters gpa is kinda 3.1 because I was domestically abused. :p
babycat
16:59
schools mostly care about your undergrad GPA
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