Also called rights offering

Rights

A short-term right given to existing shareholders to buy new shares below market price, so their stake is not diluted by the issue.

Updated 2026-09-05

A rights offering gives existing shareholders the right to buy newly issued shares below the market price, in proportion to what they already hold, usually over a few weeks.

The purpose is to raise capital without diluting current holders, since each of them can maintain their percentage by participating. A holder who ignores a rights offering is diluted, which is why the rights themselves usually trade separately and have real value.

See also

  • WarrantA long-dated right to buy stock at a fixed price, usually issued attached to a bond or preferred offering as a sweetener.
  • Shares outstandingThe share count that converts a whole-company equity value into a per-share figure. Getting it wrong scales every valuation by exactly the same error.
  • StockA unit of ownership in a company. It carries a vote, a claim on whatever is left after everyone else is paid, and no promise of anything.

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Educational content, not investment advice. Angie explains how a valuation is built so you can judge it yourself. What you do with that is your call.

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