VIC stock dividend 2011 - Payment 1
Tập đoàn VINGROUP(VIC)Tập đoàn VINGROUP (VIC) announces stock dividend for year 2011, payment 1 with ratio 1,000:124 (shareholders holding 1,000 shares will receive 124 additional shares). With over 3.82 billion outstanding shares, the company is estimated to issue an additional over 474.13 million shares to distribute dividends to shareholders.
Ex-Dividend Date
Record Date
+124 shares/1000 shares
- Execution ratio: 1000:124.
- Explanation: At the record date, shareholders holding 1.000 shares will receive 124 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 VIC. According to the stock dividend ratio of 1000:124, the number of shares shareholder A will receive is (222 x 124)/1000 = 27,528 new shares. According to the rounding and fractional share rules, shareholder A will receive 27 shares. Fractional shares (0.528 shares) will be cancelled.