Meaning of “ex-capitalization” in the English Dictionary

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"ex-capitalization" in Business English

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ex-capitalizationadverb

also UK ex-capitalisation uk us abbreviation ex-cap, abbreviation xc FINANCE, STOCK MARKET

if a stock is sold ex-capitalization, any scrip issue (= new shares offered free to shareholders) will belong to the seller instead of the buyer:

Shares in a company bought ex capitalization are without entitlement to current scrip issues.

(Definition of “ex-capitalization” from the Cambridge Business English Dictionary © Cambridge University Press)