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Tunisie Clearing
Confidentiality – effectiveness – innovation

Statistics

Corporate actions

Last update : 24-02-2015

Corporate actions are all types of events occurring in a security lifecycle (Capital increases, dividends or interests’ payment, principal redemption, split, mergers …).

Tunisie Clearing intervenes when a corporate action creates new securities, reduces or increases the number of shares in order to debit/credit, depending on the case, the bookkeepers’ securities accounts according to their assets at Tunisie Clearing.

Tunisie Clearing ensures for issuers the dividends payment and for book-keepers the interests/principal redemption of debt securities with respect to their balances.

Corporate actions details: