| A | B |
|---|
| declaring a dividend | Action by a board of directors to distribute corporate earnings to stockholders. |
| date of record | The date that determies which stockholders are to receive dividends. |
| stock dividend | The payment of a dividend with the stock of corporation. |
| buyback | A program approved by board of directors authorizing the corporation to repurchase the stock. |
| date of declaration | The date on which a board of directors votes to distribute a dividend. |
| date of payment | The date on which dividends are actually to be paid to stockholders. |
| treasury stock | A corporation's own stock that has been issued and reacquired. |
| par value | A value assigned to a share of stock and printed on the stock certificate. |
| conversion price | The par or stated value of the preferred stock divided by the conversion. |
| conversion option | The ability of a security to be traded for a specified number of shares of another security. |
