Stub (stock)
A stub is the stock representing the remaining equity in a corporation left over after a major cash or security distribution from a buyout, a spin-out, a demerger or some other form of restructuring removes most of the company's operations from the parent corporation. A stub may retain the name of the original corporation, or in some cases may take another name as part of the restructuring.[1]
References[]
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Categories:
- Stock exchange stubs
- Corporate finance
- Restructuring
- Stock market
- Equity securities