What does Cumex mean?   

Sarah White
@[email protected] · Updated 02 Feb. 2021

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@Business.Upside · Updated 03 Feb. 2021

*****-Ex (also referred to as "***** Ex" or "Cumex") is the name given to a huge volume of transactions prior to 2012 that involved exploiting a loophole on dividend payments that enabled a number of parties to claim the same tax refund. It has also been called dividend stripping.

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