Once your election for a voluntary corporate action has been submitted to the agent ("street"), the elected positions will be transferred by an internal booking to a new symbol to await the final allocation. At this point, the elected position will be considered "committed".
In the event a voluntary corporate action offering period is extended, the company will announce whether shares which had previously been submitted may be withdrawn from such election. In the event this is available, we will re-open the corporate action election window and will modify the shares from Committed / Unavailable to Committed / Available.
Shares which are reflected on the Voluntary CA Election UI as Committed / Available may be modified by reducing the election quantity for the previously submitted election choice (in the case of a single account) or by selecting Remove All Allocations (in the case of a multi-tiered account structure).
Once updated, a new election may be made either within the same log-in session or by returning at a later point prior to the deadline for elections.
Please know that shares for which a withdrawal has been requested will be returned to the target symbol and will become available for trading again once we have confirmed the withdrawal with the agent. This may take up to 24 hours. Should you not see a change in the symbol within your statement or through the trading platforms, please contact Customer Service directly.