BHV stock dividend 2008 - Payment 1
CTCP Bá Hiến(BHV)CTCP Bá Hiến (BHV) announces stock dividend for year 2008, payment 1 with ratio 100:11.484 (shareholders holding 100 shares will receive 11.484 additional shares). With 972,013 outstanding shares, the company is estimated to issue an additional 111,625.973 shares to distribute dividends to shareholders.
Ex-Dividend Date
Record Date
Payment Date
+11.484 shares/100 shares
- Execution ratio: 100:11.484.
- Explanation: At the record date, shareholders holding 100 shares will receive 11.484 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 BHV. According to the stock dividend ratio of 100:11.484, the number of shares shareholder A will receive is (222 x 11.484)/100 = 25,494 new shares. According to the rounding and fractional share rules, shareholder A will receive 25 shares. Fractional shares (0.49448 shares) will be cancelled.