Stock Bonus Details for HID - Ex-Date: 9/20/2016
CTCP Halcom Việt Nam(HID)CTCP Halcom Việt Nam (HID) announces stock bonus for year 2015, payment 1 with ratio 100:5.375 (shareholders holding 100 shares will receive 5.375 additional shares). With approximately 76.76 million outstanding shares, the company is estimated to issue an additional approximately 4.13 million shares to distribute dividends to shareholders.
Ex-Dividend Date
Record Date
+5.375 shares/100 shares
- Execution ratio: 100:5.375.
- Explanation: At the record date, shareholders holding 100 shares will receive 5.375 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 HID. According to the stock dividend ratio of 100:5.375, the number of shares shareholder A will receive is (222 x 5.375)/100 = 11.933 new shares. According to the rounding and fractional share rules, shareholder A will receive 11 shares. Fractional shares (0.9325 shares) will be cancelled.
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