BID stock dividend 2012 - Payment 1
Ngân hàng TMCP Đầu tư và Phát triển Việt Nam(BID)Ngân hàng TMCP Đầu tư và Phát triển Việt Nam (BID) announces stock dividend for year 2012, payment 1 with ratio 100:4.53 (shareholders holding 100 shares will receive 4.53 additional shares).
Ex-Dividend Date
Record Date
Payment Date
+4.53 shares/100 shares
- Execution ratio: 100:4.53.
- Explanation: At the record date, shareholders holding 100 shares will receive 4.53 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 BID. According to the stock dividend ratio of 100:4.53, the number of shares shareholder A will receive is (222 x 4.53)/100 = 10,057 new shares. According to the rounding and fractional share rules, shareholder A will receive 10 shares. Fractional shares (0.056600000000001 shares) will be cancelled.