KSB stock dividend 2011 - Payment 1
CTCP Khoáng sản và Xây dựng Bình Dương(KSB)CTCP Khoáng sản và Xây dựng Bình Dương (KSB) announces stock dividend for year 2011, payment 1 with ratio 100:68.226 (shareholders holding 100 shares will receive 68.226 additional shares). With over 114.44 million outstanding shares, the company is estimated to issue an additional over 78.08 million shares to distribute dividends to shareholders.
Ex-Dividend Date
Record Date
+68.226 shares/100 shares
- Execution ratio: 100:68.226.
- Explanation: At the record date, shareholders holding 100 shares will receive 68.226 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 KSB. According to the stock dividend ratio of 100:68.226, the number of shares shareholder A will receive is (222 x 68.226)/100 = 151,462 new shares. According to the rounding and fractional share rules, shareholder A will receive 151 shares. Fractional shares (0.46172 shares) will be cancelled.