除權
ex-rights
沒有購股的權利。籌措追加資金的公司可能這樣做，既向該公司股東提供以市價的折扣價訂購新股票的購股權。沒有給與出售無購股權的股票購買者購股權資格。
No right to purchase shares. Raise additional funds the company may do so only to the shareholders of the company at the market price discount to order new stock Option. Not given to sell shares without Option Option buyers qualifications.