Question

What is voluntary corporate action?

Answer 1

Answer:

Voluntary corporate actions involve an activity in which shareholders opt to be participants. In order for the company to move forward with the corporate action, the shareholders must respond. A prime example of a voluntary action is a tender offer.

Answer 2

Voluntary corporate actions involve an activity in which shareholders opt to be participants. In order for the company to move forward with the corporate action, the shareholders must respond. A prime example of a voluntary action is a tender offer.