> For the complete documentation index, see [llms.txt](https://docs.kaiko.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.kaiko.com/kaiko-indices/reference-rates-capital-market/corporate-action.md). # Corporate Action This page introduce the different types of corporation action and sample data that we provide. ### Quick Reference | Corporate Action | Kaiko actionType | Category | | --------------------------------------- | ------------------- | --------------- | | [Cash Dividend](#cash-dividend) | `CASH_DIVIDEND` | Dividend | | [Stock Dividend](#stock-dividend) | `STOCK_DIVIDEND` | Dividend | | [Stock Split](#stock-split) | `STOCK_SPLIT` | Share structure | | [Reverse Split](#reverse-split) | `REVERSE_SPLIT` | Share structure | | [Bonus](#bonus) | `BONUS` | Share structure | | [Merger](#merger) | `MERGER` | M\&A | | [Takeover](#takeover) | `TAKEOVER` | M\&A | | [Spinoff](#spinoff) | `SPINOFF` | M\&A | | [Capital Reduction](#capital-reduction) | `CAPITAL_REDUCTION` | Capital event | | [Rights Issue](#rights-issues) | `RIGHTS_ISSUE` | Capital event | | [Entitlement](#entitlement) | `ENTITLEMENT` | Capital event | | [Return of Capital](#return-of-capital) | `RETURN_OF_CAPITAL` | Distribution | | [Distribution](#distribution) | `DISTRIBUTION` | Distribution | | [Delisting](#delisting) | `DELISTING` | Listing status | ## Cash Dividend **Kaiko actionType:** `CASH_DIVIDEND` A cash dividend is a payment distributed to shareholders in cash, proportional to their shareholding. It is the most common form of dividend. Key fields include `grossDividend` (the per-share amount), `currency`, and `dividendType` which classifies the dividend as `REGULAR`, `INTERIM`, or `FINAL`. ### Sample Response ```json { "eventUniqueId": "201010274580606", "eventId": "4580606", "actionType": "CASH_DIVIDEND", "ediEventCode": "DIV", "status": "UNKNOWN", "eventCreatedAt": "2026-01-30T04:00:00Z", "lastUpdatedAt": "2026-02-06T07:41:55Z", "caDetails": { "actionType": "CASH_DIVIDEND", "exDate": "2026-02-09T04:00:00Z", "recordDate": "2026-02-09T04:00:00Z", "paymentDate": "2026-02-12T04:00:00Z", "currency": "USD", "grossDividend": 0.26, "dividendType": "REGULAR" }, "idDetails": { "isin": "US0378331005", "ticker": "AAPL", "issuerName": "Apple Inc", "exchangeMic": "XNAS", "bbgCompId": "BBG000B9XRY4", "bbgCompTicker": "AAPL US", "figi": "BBG000B9Y5X2", "figiTicker": "AAPL UW", "timezone": "America/New_York" } } ``` ## Stock Dividend **Kaiko actionType:** `STOCK_DIVIDEND` A stock dividend pays shareholders in the form of additional shares rather than cash, in proportion to their existing holding. The distribution ratio is expressed via `ratioOld` and `ratioNew` — for example, `1:9` means one existing share yields nine additional shares. No `grossDividend` or `currency` field is present. ### Sample Response ```json { "eventUniqueId": "201010273623038", "eventId": "3623038", "actionType": "STOCK_DIVIDEND", "ediEventCode": "DIV", "status": "UNKNOWN", "eventCreatedAt": "2024-07-11T01:00:00Z", "lastUpdatedAt": "2024-07-19T04:41:55Z", "caDetails": { "actionType": "STOCK_DIVIDEND", "exDate": "2024-08-08T00:00:00Z", "recordDate": "2024-08-01T00:00:00Z", "paymentDate": "2024-08-07T00:00:00Z", "dividendType": "REGULAR", "ratioOld": "1", "ratioNew": "9" }, "idDetails": { "isin": "US5949724083", "ticker": "MSTR", "issuerName": "Microstrategy Inc.", "exchangeMic": "XNAS", "bbgCompId": "BBG000GQJPZ0", "bbgCompTicker": "MSTR US", "figi": "BBG000GQK387", "figiTicker": "MSTR UW", "timezone": "America/New_York" } } ``` ## Stock Split **Kaiko actionType:** `STOCK_SPLIT` A stock split increases the number of shares outstanding by issuing new shares to current shareholders at a fixed ratio. Share price adjusts proportionally so market capitalization is unchanged. `effectiveDate` is the date on which the new share count takes effect. ```json { "eventUniqueId": "406512820656", "eventId": "12820656", "actionType": "STOCK_SPLIT", "ediEventCode": "SD", "status": "UNKNOWN", "eventCreatedAt": "2025-11-12T00:00:00Z", "lastUpdatedAt": "2025-12-24T03:41:52Z", "caDetails": { "actionType": "STOCK_SPLIT", "recordDate": "2025-12-31T00:00:00Z", "ratioOld": 1, "ratioNew": 4 }, "idDetails": { "isin": "JP3436100006", "ticker": "SFT", "issuerName": "SoftBank Group Corp.", "exchangeMic": "XWBO", "bbgCompId": "BBG00P1DF132", "bbgCompTicker": "SFT AV", "figi": "BBG00P1DF141", "figiTicker": "SFT AV", "timezone": "UTC" } } ``` ## Reverse Split **Kaiko actionType:** `REVERSE_SPLIT` A reverse split (consolidation) reduces shares outstanding by combining multiple existing shares into one new share. The inverse of a stock split — the ratio reflects how many old shares map to one new share. Typically used to lift a depressed share price above a minimum threshold. ```json { "eventUniqueId": "401713185137", "eventId": "13185137", "actionType": "REVERSE_SPLIT", "ediEventCode": "CONSD", "status": "UNKNOWN", "eventCreatedAt": "2026-01-26T00:00:00Z", "lastUpdatedAt": "2026-02-14T09:11:01Z", "caDetails": { "actionType": "REVERSE_SPLIT", "exDate": "2026-02-18T00:00:00Z", "recordDate": "2026-02-13T00:00:00Z", "currency": "BRL", "ratioOld": 2, "ratioNew": 1 }, "idDetails": { "isin": "BRSIMHACNOR0", "ticker": "SIMH3", "issuerName": "Simpar S.A.", "exchangeMic": "BVMF", "bbgCompId": "BBG00BRFV5W1", "bbgCompTicker": "SIMH3 BZ", "figi": "BBG00XD2R2K2", "figiTicker": "SIMH3 BS", "timezone": "UTC" } } ``` ## Bonus **Kaiko actionType:** `BONUS` A bonus issue (also called a scrip issue or capitalisation issue) distributes additional shares to existing shareholders at no cost, proportional to their current holding. The ratio `ratioOld`:`ratioNew` defines the terms — for example, `1:3` means one existing share becomes three after the event. ```json { "eventUniqueId": "400741801", "eventId": "41801", "actionType": "BONUS", "ediEventCode": "BON", "status": "UNKNOWN", "eventCreatedAt": "2026-02-21T00:00:00Z", "lastUpdatedAt": "2026-03-06T03:41:55Z", "caDetails": { "actionType": "BONUS", "exDate": "2026-04-06T00:00:00Z", "recordDate": "2026-03-06T00:00:00Z", "ratioOld": 1, "ratioNew": 24 }, "idDetails": { "isin": "US09857L1089", "issuerName": "Booking Holdings Inc", "exchangeMic": "XSWX", "bbgCompId": "BBG00DGYSY95", "bbgCompTicker": "BKNGUSD SW", "figi": "BBG00DGYSYC1", "figiTicker": "BKNGUSD SE", "timezone": "UTC" } } ``` ## Merger **Kaiko actionType:** `MERGER` A merger combines two companies into a single entity. The target company's shares are exchanged for acquirer shares or cash at a defined ratio. Key fields include the effective date, expected completion date, merger status (`mrgrStatus`), and the output security identifier (`outSecId`/`outIsin`). ```json { "eventUniqueId": "2046010114121996", "eventId": "14121996", "actionType": "MERGER", "ediEventCode": "MRGR", "status": "UNKNOWN", "eventCreatedAt": "2026-05-16T00:00:00Z", "lastUpdatedAt": "2026-06-11T03:42:06Z", "caDetails": { "actionType": "MERGER", "exDate": "2026-06-10T00:00:00Z", "effectiveDate": "2026-06-09T00:00:00Z", "mrgrStatus": "Closed", "outIsin": "US28256A1097", "outSecId": "10793723", "payTypeCd": "Stock" }, "idDetails": { "isin": "KYG5451A1031", "ticker": "LEGT", "issuerName": "Legato Merger Corp III", "exchangeMic": "XASE", "bbgCompId": "BBG01LDZ6ZN1", "bbgCompTicker": "LEGT US", "figi": "BBG01LDZ6ZP9", "figiTicker": "LEGT UA", "timezone": "UTC" } } ``` ## Takeover **Kaiko actionType:** `TAKEOVER` A takeover is an offer by an acquirer to purchase shares of a target company, typically at a premium to the market price. Unlike a negotiated merger, a takeover may be unsolicited. ```json { "eventUniqueId": "2069010139900", "eventId": "39900", "actionType": "TAKEOVER", "ediEventCode": "TKOVR", "status": "UNKNOWN", "eventCreatedAt": "2026-01-20T00:00:00Z", "lastUpdatedAt": "2026-02-17T03:41:54Z", "caDetails": { "actionType": "TAKEOVER", "currency": "AED", "offeorName": "Al Wafir For Marketing Services K.S.C.C", "effectiveDate": "2026-02-16T00:00:00Z" }, "idDetails": { "isin": "AEU000801016", "ticker": "UNIKAI", "issuerName": "Unikai For Food", "exchangeMic": "XDFM", "bbgCompId": "BBG000Q9MZR0", "bbgCompTicker": "UNIKAI UH", "figi": "BBG000Q9N0W0", "figiTicker": "UNIKAI DB", "timezone": "UTC" } } ``` ## Spinoff **Kaiko actionType:** `SPINOFF` A demerger (spinoff) separates a division or subsidiary into an independent publicly listed entity. Existing shareholders typically receive shares in the newly formed company. WCA reports North American spinoffs as `DMRGR` (Demerger) events. Only `effectiveDate` is tracked as a CA-specific field. ```json { "eventUniqueId": "2028010113197071", "eventId": "13197071", "actionType": "SPINOFF", "ediEventCode": "DMRGR", "status": "UNKNOWN", "eventCreatedAt": "2026-01-27T00:00:00Z", "lastUpdatedAt": "2026-02-10T11:11:32Z", "caDetails": { "actionType": "SPINOFF", "recordDate": "2026-02-05T00:00:00Z", "effectiveDate": "2026-02-10T00:00:00Z" }, "idDetails": { "isin": "US0758871091", "issuerName": "Becton Dickinson & Co.", "exchangeMic": "MISX", "timezone": "UTC" } } ``` ## Capital Reduction **Kaiko actionType:** `CAPITAL_REDUCTION` A capital reduction reduces a company's share capital by cancelling shares or lowering their par value. It is used to return cash to shareholders or eliminate accumulated losses from the balance sheet. The par value before (`parValueOld`) and after (`parValueNew`) the event are the primary tracked fields. ```json { "eventUniqueId": "401412730", "eventId": "12730", "actionType": "CAPITAL_REDUCTION", "ediEventCode": "CAPRD", "status": "UNKNOWN", "eventCreatedAt": "2024-10-24T00:00:00Z", "lastUpdatedAt": "2025-01-30T03:42:00Z", "caDetails": { "actionType": "CAPITAL_REDUCTION", "currency": "EUR", "effectiveDate": "2025-01-31T00:00:00Z", "parValueOld": 1, "parValueNew": 0.94 }, "idDetails": { "isin": "ES0105389003", "ticker": "YIPS", "issuerName": "Inversa Prime Socimi S.A.", "exchangeMic": "GROW", "bbgCompId": "BBG00N2MFGC3", "bbgCompTicker": "YIPS SM", "figi": "BBG00N2MFGJ6", "figiTicker": "YIPS SQ", "timezone": "UTC" } } ``` ## Rights Issues **Kaiko actionType:** `RIGHTS_ISSUE` A rights issue gives existing shareholders the right to purchase newly issued shares at a discounted price (`issuePrice`), in proportion to their current holding, within a defined subscription window. The subscription period is bounded by `startSubscriptionDt` and `endSubscriptionDt`. The right security itself is identified by `rightIsin` and `rightSecId`. ```json { "eventUniqueId": "406228586", "eventId": "28586", "actionType": "RIGHTS_ISSUE", "ediEventCode": "RTS", "status": "UNKNOWN", "eventCreatedAt": "2024-02-03T00:00:00Z", "lastUpdatedAt": "2024-10-23T17:29:56Z", "caDetails": { "actionType": "RIGHTS_ISSUE", "exDate": "2024-03-07T00:00:00Z", "recordDate": "2024-03-08T00:00:00Z", "currency": "SEK", "ratioOld": 4, "ratioNew": 1, "issuePrice": 7.5, "startSubscriptionDt": "2024-03-11T00:00:00Z", "endSubscriptionDt": "2024-03-25T00:00:00Z", "rightIsin": "SE0021626157", "rightSecId": "8414197" }, "idDetails": { "isin": "SE0005250719", "ticker": "AXIC A", "issuerName": "Axichem", "exchangeMic": "XSTO", "bbgCompId": "BBG000GX44W1", "bbgCompTicker": "AXICA SS", "figi": "BBG001Y25V83", "figiTicker": "AXICA KA", "timezone": "UTC" } } ``` ## Entitlement **Kaiko actionType:** `ENTITLEMENT` An entitlement is a distribution of new securities (shares, options, or warrants) to existing shareholders without payment. Similar to a rights issue but with no subscription price. The ex-date and ratio are the primary tracking fields. ```json { "eventUniqueId": "403127002", "eventId": "27002", "actionType": "ENTITLEMENT", "ediEventCode": "ENT", "status": "UNKNOWN", "eventCreatedAt": "2026-05-22T00:00:00Z", "lastUpdatedAt": "2026-06-11T07:16:39Z", "caDetails": { "actionType": "ENTITLEMENT", "exDate": "2026-05-22T00:00:00Z", "recordDate": "2026-05-22T00:00:00Z", "currency": "EUR", "ratioOld": 37.4, "ratioNew": 1 }, "idDetails": { "isin": "DE0008303504", "ticker": "TAGOF", "issuerName": "TAG Immobilien AG", "exchangeMic": "OTCM", "bbgCompId": "BBG005KG06B4", "bbgCompTicker": "TAGOF US", "figi": "BBG005KG06T5", "figiTicker": "TAGOF UV", "timezone": "UTC" } } ``` ## Return of Capital **Kaiko actionType:** `RETURN_OF_CAPITAL` A return of capital is a payment from the company back to shareholders drawn from its capital base rather than from earnings. Unlike a dividend, it reduces the shareholder's cost basis and is generally not immediately taxable as income. Tracked by `effectiveDate` and, where applicable, `exDate`. ```json { "eventUniqueId": "405744174", "eventId": "44174", "actionType": "RETURN_OF_CAPITAL", "ediEventCode": "RCAP", "status": "COMPLETED", "eventCreatedAt": "2026-03-10T00:00:00Z", "lastUpdatedAt": "2026-03-11T07:16:31Z", "caDetails": { "actionType": "RETURN_OF_CAPITAL", "exDate": "2026-04-20T00:00:00Z", "recordDate": "2026-04-21T00:00:00Z", "paymentDate": "2026-04-22T00:00:00Z", "currency": "CHF", "cashback": 0.3, "effectiveDate": "2026-04-20T00:00:00Z" }, "idDetails": { "isin": "CH0003390066", "ticker": "MIKNZ", "issuerName": "Mikron Holding AG", "exchangeMic": "BCXE", "bbgCompId": "BBG004KN1K11", "bbgCompTicker": "MIKNZ EB", "figi": "BBG004KN1K20", "figiTicker": "MIKNZ EB", "timezone": "UTC" } }, ``` ## Distribution **Kaiko actionType:** `DISTRIBUTION` A distribution is a payment made to shareholders that is not a regular cash dividend. This includes spin-offs paid in shares, return of capital in kind, or in-specie distributions. The output security (`outIsin`, `outSecId`) identifies what is being distributed. ```json { "eventUniqueId": "2026010113109101", "eventId": "13109101", "actionType": "DISTRIBUTION", "ediEventCode": "DIST", "status": "UNKNOWN", "eventCreatedAt": "2026-01-08T00:00:00Z", "lastUpdatedAt": "2026-01-13T09:10:59Z", "caDetails": { "actionType": "DISTRIBUTION", "exDate": "2026-01-23T00:00:00Z", "recordDate": "2026-01-14T00:00:00Z", "paymentDate": "2026-01-22T00:00:00Z", "ratioOld": 1, "ratioNew": 0.778, "outIsin": "CA87609B1076", "outSecId": "109478" }, "idDetails": { "isin": "CA5764711068", "ticker": "MWCAF", "issuerName": "Matachewan Consolidated Mines Ltd.", "exchangeMic": "OTCM", "bbgCompId": "BBG000N4PFY7", "bbgCompTicker": "MWCAF US", "figi": "BBG000N4PR26", "figiTicker": "MWCAF UV", "timezone": "UTC" } } ``` ## Delisting **Kaiko actionType:** `DELISTING` A delisting marks the removal of a security from a public exchange. The `effectiveDate` is the date on which trading ceases. No ratio or price fields apply — the event records only the termination of the listing. ```json { "eventUniqueId": "40438055700", "eventId": "8055700", "actionType": "DELISTING", "ediEventCode": "LSTAT", "status": "HISTORICAL", "eventCreatedAt": "2026-01-14T00:00:00Z", "lastUpdatedAt": "2026-01-14T03:41:54Z", "caDetails": { "actionType": "DELISTING", "effectiveDate": "2026-01-13T00:00:00Z" }, "idDetails": { "isin": "US75605Y1064", "ticker": "04M", "issuerName": "Anywhere Real Estate Inc", "exchangeMic": "XFRA", "bbgCompId": "BBG003NPS6P1", "bbgCompTicker": "04M GR", "figi": "BBG003NPS6Q0", "figiTicker": "04M GF", "timezone": "UTC" } } ``` --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. 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