The corporate action event status is reflected in order to pass event information without delay and for clients to see the current event stage and the whereabouts in the cycle of processing this resides.
The corporate actions statuses can be:
- Preliminary – The event has been announced not all details have been confirmed, for elective events instructions cannot be entered.
- Confirmed – Partial details have been confirmed, for elective events instructions cannot be entered.
- Approved – The event is fully approved and full information has been made available, for an elective instructions can be entered.
- Withdrawn – The event has been withdrawn in the market by the issuer and will no longer be processed.