BSI stock dividend 2016 - Payment 2
CTCP Chứng khoán Ngân hàng Đầu tư và Phát triển Việt Nam(BSI)CTCP Chứng khoán Ngân hàng Đầu tư và Phát triển Việt Nam (BSI) announces stock dividend for year 2016, payment 2 with ratio 100:3.07 (shareholders holding 100 shares will receive 3.07 additional shares). With over 223.06 million outstanding shares, the company is estimated to issue an additional approximately 6.85 million shares to distribute dividends to shareholders.
Ex-Dividend Date
Record Date
+3.07 shares/100 shares
- Execution ratio: 100:3.07.
- Explanation: At the record date, shareholders holding 100 shares will receive 3.07 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 BSI. According to the stock dividend ratio of 100:3.07, the number of shares shareholder A will receive is (222 x 3.07)/100 = 6,815 new shares. According to the rounding and fractional share rules, shareholder A will receive 6 shares. Fractional shares (0.8153999999999995 shares) will be cancelled.