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Stocks T / Telecom Corp New Zealand ADS

URL:  http://boards.fool.com/us-record-date-sep-21-2007-still-not-sure-25926560.aspx

Subject:  Re: $2 go POOF!?! Date:  9/22/2007  6:54 PM
Author:  tangofan Number:  438 of 459

US Record Date: Sep 21, 2007
[...]
Still not sure why the price movement happened Sep 19.


Because the ex. dividend date is two days before the record date. See http://www.investopedia.com/articles/02/110802.asp

Bernhard
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