Registered in sourceSource release: August 2026 (v3)
Published definition
Increase in a corporation's number of outstanding equities without any change in the shareholder's equity or the aggregate market value at the time of the split. Equity price and nominal value are reduced accordingly.
Code set and usage
Corporate action event type contains 67 registered codes. Its exact identifier is ExternalCorporateActionEventType1Code.
Specifies the corporate action event type, as published in an external corporate action event type code set. External code sets can be downloaded from www.iso20022.org.
Use the code with the applicable message version and implementation guide. A matching code value alone does not establish the same meaning in another set.