Announcement date


Announcement date

Date on which particular news concerning a given company is announced to the public. Used in event studies, which researchers use to evaluate the economic impact of events of interest.

Announcement Date

1. The date on which a significant piece of news is announced to the public. For example, if a company hires a new CEO, the announcement date is the day it is announced to the media. As the announcement may affect the company's stock price, many analysts observe its performance on the announcement date and consider it a gauge of how the market will treat the news.

2. The date on which a dividend is announced. After the announcement date, the dividend becomes a legal liability and a company is obliged to pay it.