Right shares are the shares

A. Issued by a newly formed company

B. Legally issued to the public at large

C. Offered to the existing equity shareholders

D. That have a right of redemption

Answer: Option C

Solution(By Examveda Team)

Right shares are the shares Offered to the existing equity shareholders. A rights offering (rights issue) is a group of rights offered to existing shareholders to purchase additional stock shares, known as subscription warrants, in proportion to their existing holdings.