Operations

Operations groups the day-to-day share desk activities: issuing certificates, buying and selling shares, processing transfers, declaring dividends, recording pledges and executing corporate actions. These are the screens the registrar uses to move member capital and keep the register current.

This section covers:

• Certificates — Certificates records the formal share certificates issued against member holdings, each tying a certificate number to a member, sh
• Purchase Shares — The Purchase Shares wizard guides the registrar through subscribing a member to additional shares in a chosen class. It captures t
• Transfers — Transfers manages the movement of shares from one member to another, recording transferor, transferee, class, units and considerat
• Sell / Redeem — The Sell / Redeem wizard processes a member surrendering or redeeming shares back to the SACCO, capturing the holding, units to re
• Corporate Actions — Corporate Actions covers SACCO-wide capital events that change holdings across many members at once: rights issues, bonus issues,
• Transfer Shares — The Transfer Shares wizard is the guided way to initiate a share transfer between two members, collecting transferor, transferee,
• Dividends — Dividends manages the declaration and distribution of returns on share capital, defining the dividend rate or pool, the qualifying
• Bulk Allotment — The Bulk Allotment wizard lets the registrar allot shares to many members at once, for example crediting a savings-to-shares conve
• Pledges — Pledges records shares lodged as security against a member's loan, locking the pledged units so they cannot be transferred, redeem