Securities Transactions Types

Amy Carr
Amy Carr
  • Updated

This article lists the different transaction workflows available in Athennian!

Issuance

This workflow is used to Issue or Allot securities from the treasury. Issuance types include Allotment, Balance Initialization, Issuance, and Rollover.

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Transfers

Transfer of shares from one shareholder to another. Types of Transfer transactions include Gift, Rollover, Transfer, and Transmission.
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Cancellation

Cancel, Repurchase, Redeem or Retract securities.

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Share Dividend

The Share Dividend transaction is used to issue dividends of shares.

Note: Make sure to Allow Share Dividends in the Governance > share classes > Restrictions

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Cash Dividend

Issue Cash Dividends

 

Exchange / Conversion

Exchange or Convert shares between Share Classes
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Adjustment to Stated Capital

Use this workflow for Reduction to or Addition of stated capital
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Change to Certificates

The Change to Certificate transaction is used for Lost and Replaced, Certificate Improperly Signed, Issued in Error, etc. situations. Types of Change to Certificates transaction type include, Balance Remaining, Certificate Consolidation, Certificate Improperly Signed and Identified as Certificated Shares.
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Change to Shareholdings

Shareholder Name Change, Amalgamation of Shareholder, Re-registration, etc.
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Check out the Getting Started: Transaction Fundamentals and Securities and Transactions article for more details.