Stock Dividend Details for TTF - Ex-Date: 1/6/2009
CTCP Tập đoàn Kỹ nghệ gỗ Trường Thành(TTF)CTCP Tập đoàn Kỹ nghệ gỗ Trường Thành (TTF) announces stock dividend for year 2008, payment 1 with ratio 100:33.333 (shareholders holding 100 shares will receive 33.333 additional shares). With over 393.53 million outstanding shares, the company is estimated to issue an additional approximately 131.18 million shares to distribute dividends to shareholders.
Ex-Dividend Date
Record Date
Payment Date
+33.333 shares/100 shares
- Execution ratio: 100:33.333.
- Explanation: At the record date, shareholders holding 100 shares will receive 33.333 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 TTF. According to the stock dividend ratio of 100:33.333, the number of shares shareholder A will receive is (222 x 33.333)/100 = 73.999 new shares. According to the rounding and fractional share rules, shareholder A will receive 73 shares. Fractional shares (0.99925999999999 shares) will be cancelled.
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