VTP stock dividend 2018 - Payment 1
Tổng Công ty cổ phần Bưu chính Viettel(VTP)Tổng Công ty cổ phần Bưu chính Viettel (VTP) announces stock dividend for year 2018, payment 1 with ratio 1,000:414 (shareholders holding 1,000 shares will receive 414 additional shares). With over 121.78 million outstanding shares, the company is estimated to issue an additional approximately 50.42 million shares to distribute dividends to shareholders.
Ex-Dividend Date
Record Date
+414 shares/1000 shares
- Execution ratio: 1000:414.
- Explanation: At the record date, shareholders holding 1.000 shares will receive 414 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 VTP. According to the stock dividend ratio of 1000:414, the number of shares shareholder A will receive is (222 x 414)/1000 = 91,908 new shares. According to the rounding and fractional share rules, shareholder A will receive 91 shares. Fractional shares (0.908 shares) will be cancelled.