SJS stock bonus 2009 - Payment 1
CTCP SJ Group(SJS)CTCP SJ Group (SJS) announces stock bonus for year 2009, payment 1 with ratio 100:100 (shareholders holding 100 shares will receive 100 additional shares).
Ex-Dividend Date
Record Date
+100 shares/100 shares
- Execution ratio: 100:100.
- Explanation: At the record date, shareholders holding 100 shares will receive 100 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 SJS. According to the stock dividend ratio of 100:100, the number of shares shareholder A will receive is (222 x 100)/100 = 222 new shares. According to the rounding and fractional share rules, shareholder A will receive 222 shares.