ExternalCorporateActionEventType1Code
BIDS Code: Repurchase Offer
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BIDS means repurchase offer in the ISO 20022 corporate action event type code set. Repurchase offer / issuer bid / reverse rights. Offer to existing holders by the issuing company to repurchase its own securities. The objective of the offer is to reduce the number of outstanding securities.
- Code
- BIDS
- ISO name
- RepurchaseOffer
- Status
- Registered
- Last updated
- 2025-02-28
Official definition
Repurchase offer / issuer bid / reverse rights. Offer to existing holders by the issuing company to repurchase its own securities. The objective of the offer is to reduce the number of outstanding securities.
Messages and fields that use ExternalCorporateActionEventType1Code
BIDS questions
- What does BIDS mean in ISO 20022?
- BIDS is Repurchase Offer in the ExternalCorporateActionEventType1Code code set: Repurchase offer / issuer bid / reverse rights. Offer to existing holders by the issuing company to repurchase its own securities. The objective of the offer is to reduce the number of outstanding securities.
- Where does BIDS appear in a message?
- For example in camt.052, element Rpt/Ntry/NtryDtls/TxDtls/RltdCorpActn/EvtTp/Cd.
All ExternalCorporateActionEventType1Code codes · ISO 20022 code sets
The ISO 20022 code names and definitions on this page are reproduced from material published at iso20022.org under the ISO 20022 Intellectual Property Rights policy. This is not the official source: the up-to-date ISO 20022 standards and repository material are published only at iso20022.org. Explanations in our own words are by ZagTrader. ZagTrader is not affiliated with or endorsed by ISO or Swift.