Stock Dividend Details for IDI - Ex-Date: 7/15/2014
CTCP Đầu tư và Phát triển Đa Quốc Gia(IDI)CTCP Đầu tư và Phát triển Đa Quốc Gia (IDI) announces stock dividend for year 2011, payment 1 with ratio 100:10.4 (shareholders holding 100 shares will receive 10.4 additional shares). With over 273.17 million outstanding shares, the company is estimated to issue an additional approximately 28.41 million shares to distribute dividends to shareholders.
Ex-Dividend Date
Record Date
+10.4 shares/100 shares
- Execution ratio: 100:10.4.
- Explanation: At the record date, shareholders holding 100 shares will receive 10.4 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 IDI. According to the stock dividend ratio of 100:10.4, the number of shares shareholder A will receive is (222 x 10.4)/100 = 23,088 new shares. According to the rounding and fractional share rules, shareholder A will receive 23 shares. Fractional shares (0.088 shares) will be cancelled.