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maybank

12/27/06 7:02 PM

#15010 RE: toofoolishtoo #15009

It is important to understand the "Rules" correctly. In such a case, the ex-dividend date is the important date and it applies to both buying and selling.

Buy before the ex-dividend date and you get the extra shares. Sell before the ex-dividend date and you lose the extra shares!
In total, it does not affect the company, only the buyers and sellers of the shares.

maybank