HDB stock dividend 2019 - Payment 2
Ngân hàng TMCP Phát triển TP. HCM(HDB)Ngân hàng TMCP Phát triển TP. HCM (HDB) announces stock dividend for year 2019, payment 2 with ratio 100,000,000:26923138 (shareholders holding 100,000,000 shares will receive 26923138 additional shares).
Ex-Dividend Date
Record Date
+26923138 shares/100000000 shares
- Execution ratio: 100000000:26923138.
- Explanation: At the record date, shareholders holding 100.000.000 shares will receive 26923138 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 HDB. According to the stock dividend ratio of 100000000:26923138, the number of shares shareholder A will receive is (222 x 26923138)/100000000 = 59,769 new shares. According to the rounding and fractional share rules, shareholder A will receive 59 shares. Fractional shares (0.76936636 shares) will be cancelled.