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Trading has previously commenced " ex" rights on this stock. London Stock Exchange Glossary
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A term associated with a rights issue. It indicates when stocks are trading without rights.
► See also Rights Issue.
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ex-rights UK US adjective (ABBREVIATION xr)
► STOCK MARKET used to describe shares that are sold without the buyer having the right to buy new shares which may be offered at a lower price: »
The shares fell 50p to £1.38, roughly in line with what will be the ex-rights price.
ex-rights adverb
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United's shares go ex-rights on August 27.
Financial and business terms. 2012.