Capital action tool
Rights Issue Calculator
Estimate new shares, payment amount, total shares and theoretical adjusted price based on existing shares, current price, rights issue ratio and subscription price.
Calculator
Rights issue calculator
Enter existing shares, current price, rights issue ratio and subscription price to estimate the rights issue impact.
Results are estimates. The theoretical price is not a guaranteed market price and company announcements should be followed.
Rights issue calculation formula
- New shares
- Existing shares × rights issue ratio / 100
- Subscription payment
- New shares × subscription price
- Total shares after rights issue
- Existing shares + new shares
- Theoretical adjusted price
- (Existing shares × current price + subscription payment) / total shares after rights issue
- Theoretical portfolio value
- Total shares after rights issue × theoretical adjusted price
Example rights issue calculation
If an investor has 1,000 shares, the current price is 20 TRY, the rights issue ratio is 100% and the subscription price is 10 TRY, 1,000 new shares can be subscribed. The payment amount is 10,000 TRY, total shares become 2,000 and the theoretical adjusted price is about 15 TRY.
Frequently asked questions
What is a rights issue?
A rights issue is a capital increase where existing shareholders are offered the right to buy new shares at a defined ratio and subscription price.
How is the subscription payment calculated?
The estimated payment is calculated by multiplying the new shares by the subscription price.
Is the theoretical adjusted price the exact market price?
No. It is only a mathematical estimate. The actual market price may differ depending on supply and demand.