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Rights subscription calculator: what the new shares cost you

A rights offer is a bill with a deadline. Enter the terms and see the shares you can buy, the cash it takes, and what you own after.

Free tool · rights offer · new shares · cash due · runs in your browser

How it works: a rights offer lets owners buy new shares at a set price. You get rights for the shares you own. Each new share takes a set number of rights plus the subscription price in cash. The tool takes your shares times the rights per share, then divides by the rights each new share needs. Whole new shares only. The cash is the new shares times the subscription price. Then it values the new shares at the stock price you enter.

The price on the offer is not the price on the screen

The subscription price is a price you chose to pay. The market price is what the shares trade for. If the subscription price is above the market, you pay more than the shares are worth the moment they arrive. The longer example is in I exercised rights below the subscription price.

Leftover rights

Rights that do not make a full new share cannot buy anything. They show here as leftover. The new shares also change your cost basis, since the cash you pay is part of what they cost. A share count change by split is a different event, covered in stock split.

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