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Corporate action refers to events initiated by a publicly traded company that impact its shareholders and securities.
Corporate actions can include dividends, stock splits, mergers, acquisitions, rights issues, and more
These actions can affect the value of securities and the rights of shareholders
Shareholders need to be informed about corporate actions to make informed decisions about their investments
A stock split is a corporate action in which a company divides its existing shares into multiple shares to increase liquidity and make the stock more affordable.
Stock split does not change the overall value of the company
Common stock splits include 2-for-1, 3-for-1, or 3-for-2 ratios
Investors receive more shares at a lower price per share after a stock split
The procurement process involves identifying needs, selecting suppliers, negotiating terms, and making purchases.
Identify the need for a product or service
Research and select potential suppliers
Negotiate terms and pricing with chosen supplier
Create a purchase order or contract
Receive and inspect the goods or services
Approve and process payment to the supplier
TCS
Accenture
Wipro
Cognizant