NHA stock dividend 2017 - Payment 1
Tổng Công ty Đầu tư Phát triển Nhà và Đô thị Nam Hà Nội(NHA)Tổng Công ty Đầu tư Phát triển Nhà và Đô thị Nam Hà Nội (NHA) announces stock dividend for year 2017, payment 1 with ratio 10:16 (shareholders holding 10 shares will receive 16 additional shares). With over 44.17 million outstanding shares, the company is estimated to issue an additional approximately 70.68 million shares to distribute dividends to shareholders.
Ex-Dividend Date
Record Date
+16 shares/10 shares
- Execution ratio: 10:16.
- Explanation: At the record date, shareholders holding 10 shares will receive 16 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 NHA. According to the stock dividend ratio of 10:16, the number of shares shareholder A will receive is (222 x 16)/10 = 355,2 new shares. According to the rounding and fractional share rules, shareholder A will receive 355 shares. Fractional shares (0.2 shares) will be cancelled.