A registered offering of a large block of a security which has been previously issued to the public, by a current shareholder. The proceeds of the sale go to the holder, not the issuing company, and the number of shares outstanding does not change. also called secondary offering.
Related information about secondary distribution:
- What is secondary distribution? - InvestorWords.com
Definition of secondary distribution: A registered offering of a large block of a security which has been previously issued to the public, by a current shareholder.
- Secondary Distribution - Financial Dictionary - The Free Dictionary
The sale of a security that has already been issued. Generally speaking, it refers to the sale of a security by a private investor (usually a corporation) to a member ...
- Secondary distribution - Merriam-Webster Online
the sale of a large block of an already outstanding stock through dealers but off the floor of an exchange. This word doesn't usually appear in our free dictionary, ...
- What is secondary distribution? - BusinessDictionary.com
Definition of secondary distribution: Off-the-stock-exchange public sale of a large block of shares, handled usually by investment bankers or large brokerage ...
- secondary distribution - Legal Definition
secondary distribution definition: nounAn organized offering of a block of stock by a large share holder of a stock that has already been issued, typically by ...
- secondary distribution (economics) -- Britannica Online Encyclopedia
When none of these methods appears feasible, the exchange permits certain special procedures. A secondary distribution of stock resembles the underwriting of ...
- Primary Distribution Definition | Investopedia
A "secondary distribution" is the opposite of a primary distribution and refers to an occurrence where an existing shareholder sells a block of previously-issued ...
- What Is a Secondary Distribution?
A secondary distribution, also known as a secondary offering, is a sale of a big block of existing securities by the person or institution that holds them.