FTB-C000125 / Financial concept

Spin-Off

A spin-off separates a business by distributing shares or entitlement in another security to eligible holders.

Also known asdemerger distribution

Definitions

In plain terms

Afterward, the holder may own both the parent and the separated company, so return analysis must account for both pieces.

Technical

The event requires parent and child identities, entitlement ratio, dates, when-issued and regular-way states, valuation source, fractions, tax context, and index methodology.

Scope

The parent price drop alone is not the holder's total economic loss when child value was distributed.

Examples

  • A governed calculation records spin-off with its exact basis, effective time, source, and units.

Common misconceptions

  • Spin-Off does not have one universal treatment without the applicable methodology, event terms, and data context.

Concept relationships

Broader concepts

Where this concept is used

Evidence and governance

  1. Corporate Actions and Events Guide FTSE Russell, London Stock Exchange Group · first party methodology

    Supports: preferred label, short definition, technical definition

    Limits: Rules are specific to applicable FTSE Russell indices and can contain market, eligibility, tax, and timing exceptions.

  2. Fintech Builder Glossary Definition Contract The Fintech Builder · internal governed contract

    Supports: variant distinction

    Limits: Defines governed platform behavior rather than claiming these policies are universally prescribed by external McClellan methodology.

Reviewed by
fintech-builder-owner-approved
Last reviewed
2026-07-27
Next review
2027-07-27
Record status
published