What are Security Transactions?
Security Transactions record when a Registered Holder gains or loses shares in a Business Entity, including:
The Registered Holder involved
The number of shares gained or lost
The date the change occurred
Security Transactions are entered and tracked on the Stockholder/Shareholder Summary Screen.
What are Transaction Types?
Security Transactions can be recorded using different Transaction Types. Each Transaction Type records a different kind of transaction involving a Registered Holder.
Transaction Type | Description |
Acquisition | Records when a Registered Holder acquires or purchases shares. |
Issue (Allotment) | Records when a Business Entity issues or allots shares to a Registered Holder. |
Balance | Records the number of shares a Registered Holder held on a specific date when the complete transaction history is not available. |
Bonus Issue | Records when a Business Entity issues additional shares to a Registered Holder at no cost. |
Consolidation | Records when a Registered Holder's shares are combined into a smaller number of shares. |
Conversion | Records when a Registered Holder converts one type of security into another. |
Convert to Shares | Records when a Registered Holder converts one type of security into shares. |
Disposal | Records when a Registered Holder liquidates shares or sells them to a person or entity that is not tracked in your GEMS database. |
Forfeit | Records when a Registered Holder loses shares because they failed to meet the required conditions. |
Purchase for Cancellation | Records when a Business Entity buys back shares and cancels them. |
Redeem | Records when a Business Entity redeems shares from a Registered Holder. |
Redenomination | Records when a Registered Holder's securities are changed to a new nominal value or currency. |
Renominalisation | Records when a Registered Holder's securities are changed to a new nominal value. |
Rights Issue | Records when a Business Entity offers additional shares to a Registered Holder and the shares are issued (allotted) to them. |
Scrip Dividend | Records when a Business Entity issues shares to a Registered Holder instead of paying a cash dividend. |
Share Plan – Appropriate | Records when shares are allocated to a Registered Holder through a Share Plan. |
Share Plan – Release | Records when shares allocated through a Share Plan are released to a Registered Holder. |
Subdivision | Records when a Registered Holder's shares are divided into a larger number of shares. |
Transfer | Records when a Registered Holder transfers or sells shares to a person or entity that is tracked in your GEMS database. |