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Stage Eight
Corporate Actions: What Lands in Your Account
Stage 8 · Act 3

Corporate Actions — what lands in your account.


Companies are not static. They split their shares, pay dividends, buy themselves back, get acquired, spin pieces off, and ask you to subscribe to new ones. Each event hits your broker app or inbox without warning. Nine lessons on what each one means, what changes for you, and which ones actually need you to do something.

Lessons
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Table of contents

Nine lessons. Ends with your signed Corporate Action Playbook.

  1. 01

    Why Corporate Actions Exist

    Companies are not static. Two questions answer ninety percent of every event you'll ever see.

  2. 02

    Cash Dividends — The Four Dates That Matter

    Declaration, ex-date, record, pay. Only one of them changes who gets the money.

  3. 03

    Stock Splits & Reverse Splits

    What changes (count and per-share price) and what doesn't (your stake or the company).

  4. 04

    Stock Dividends & Bonus Issues

    The 'free shares' that aren't really free — how they differ from cash dividends and from splits.

  5. 05

    Buybacks & Share Repurchases

    When buybacks create value and when they destroy it — and how to tell which you're watching.

  6. 06

    Mergers & Acquisitions — Cash, Stock, and Mixed Deals

    What hits your account in each deal type, and the timeline from announcement to close.

  7. 07

    Tender Offers — Accept, Reject, or Ignore

    The corporate action where 'doing nothing' is sometimes correct and sometimes catastrophic.

  8. 08

    Spin-offs, Carve-outs & Rights Issues

    New tickers landing unrequested, and 'free' rights that expire worthless if you ignore them.

  9. 09

    The Corporate Action Playbook

    One decision tree to handle every event you'll ever see in your broker app. Sign and keep.

    Capstone
Ready?

Start with why corporate actions exist at all.

Four minutes. You'll leave with the two questions that answer ninety percent of every event you'll ever see in your broker app.

Start Lesson 1 →

Key terms

Plain-English definitions for every concept in this stage.