VIC stock dividend 2017 - Payment 1
Tập đoàn VINGROUP(VIC)Tập đoàn VINGROUP (VIC) announces stock dividend for year 2017, payment 1 with ratio 1,000:210 (shareholders holding 1,000 shares will receive 210 additional shares). With over 3.82 billion outstanding shares, the company is estimated to issue an additional approximately 802.97 million shares to distribute dividends to shareholders.
Ex-Dividend Date
Record Date
+210 shares/1000 shares
- Execution ratio: 1000:210.
- Explanation: At the record date, shareholders holding 1.000 shares will receive 210 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 VIC. According to the stock dividend ratio of 1000:210, the number of shares shareholder A will receive is (222 x 210)/1000 = 46,62 new shares. According to the rounding and fractional share rules, shareholder A will receive 46 shares. Fractional shares (0.62 shares) will be cancelled.