DMC stock dividend 2009 - Payment 1
CTCP Xuất nhập khẩu Y Tế Domesco(DMC)CTCP Xuất nhập khẩu Y Tế Domesco (DMC) announces stock dividend for year 2009, payment 1 with ratio 100:30 (shareholders holding 100 shares will receive 30 additional shares). With approximately 34.73 million outstanding shares, the company is estimated to issue an additional approximately 10.42 million shares to distribute dividends to shareholders.
Ex-Dividend Date
Record Date
Payment Date
+30 shares/100 shares
- Execution ratio: 100:30.
- Explanation: At the record date, shareholders holding 100 shares will receive 30 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 DMC. According to the stock dividend ratio of 100:30, the number of shares shareholder A will receive is (222 x 30)/100 = 66,6 new shares. According to the rounding and fractional share rules, shareholder A will receive 66 shares. Fractional shares (0.6 shares) will be cancelled.