NTL stock dividend 2010 - Payment 1
CTCP Phát triển Đô thị Từ Liêm(NTL)CTCP Phát triển Đô thị Từ Liêm (NTL) announces stock dividend for year 2010, payment 1 with ratio 100:100 (shareholders holding 100 shares will receive 100 additional shares). With approximately 121.98 million outstanding shares, the company is estimated to issue an additional approximately 121.98 million shares to distribute dividends to shareholders.
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 NTL. 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.