ACB stock dividend 2008 - Payment 1
Ngân hàng TMCP Á Châu(ACB)Ngân hàng TMCP Á Châu (ACB) announces stock dividend for year 2008, payment 1 with ratio 100:36.636 (shareholders holding 100 shares will receive 36.636 additional shares).
Ex-Dividend Date
Record Date
Payment Date
+36.636 shares/100 shares
- Execution ratio: 100:36.636.
- Explanation: At the record date, shareholders holding 100 shares will receive 36.636 new shares.
- Rounding policy: For fractional shares (if any) arising when shareholders exercise their rights, to ensure the number of shares issued does not exceed the planned issuance, the number of shares shareholders receive will be rounded down to the nearest whole number. Fractional shares arising from rounding when distributing to existing shareholders will be cancelled.
- Example: At the record date, shareholder A holds 222 shares ACB. According to the stock dividend ratio of 100:36.636, the number of shares shareholder A will receive is (222 x 36.636)/100 = 81,332 new shares. According to the rounding and fractional share rules, shareholder A will receive 81 shares. Fractional shares (0.33192000000001 shares) will be cancelled.