Record date

Record date
It is the mechanism introduced in Italy in 2010 aimed at establishing the legitimacy to participate in shareholders’ meetings of listed companies: the record date identifies the moment when the subject requesting to participate in the shareholders’ meeting must own the shares. This legitimacy is attributed to those who are owners of the shares on the seventh day of trading prior to the date of the shareholders’ meeting and who have communicated their wish to intervene via a qualified intermediary.
Gruppo Banca IFIS
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