Stocks:1140+Avg Dividend:966 VND/share
Account
2017-07-10

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TLH stock dividend 2016 - Payment 1

CTCP Tập đoàn Thép Tiến Lên (TLH)

CTCP Tập đoàn Thép Tiến Lên (TLH) announces stock dividend for year 2016, payment 1 with ratio 100:10 (shareholders holding 100 shares will receive 10 additional shares). With over 112.32 million outstanding shares, the company is estimated to issue an additional over 11.23 million shares to distribute dividends to shareholders.

  1. Ex-Dividend Date

  2. Record Date

100:10

+10 shares/100 shares

- Execution ratio: 100:10.

- Explanation: At the record date, shareholders holding 100 shares will receive 10 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 TLH. According to the stock dividend ratio of 100:10, the number of shares shareholder A will receive is (222 x 10)/100 = 22,2 new shares. According to the rounding and fractional share rules, shareholder A will receive 22 shares. Fractional shares (0.2 shares) will be cancelled.

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