VPB stock dividend 2021 - Payment 1
Ngân hàng TMCP Việt Nam Thịnh Vượng(VPB)Ngân hàng TMCP Việt Nam Thịnh Vượng (VPB) announces stock dividend for year 2021, payment 1 with ratio 10,000:6215 (shareholders holding 10,000 shares will receive 6215 additional shares). With over 7.93 billion outstanding shares, the company is estimated to issue an additional over 4.93 billion shares to distribute dividends to shareholders.
Ex-Dividend Date
Record Date
+6215 shares/10000 shares
- Execution ratio: 10000:6215.
- Explanation: At the record date, shareholders holding 10.000 shares will receive 6215 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 VPB. According to the stock dividend ratio of 10000:6215, the number of shares shareholder A will receive is (222 x 6215)/10000 = 137,973 new shares. According to the rounding and fractional share rules, shareholder A will receive 137 shares. Fractional shares (0.973 shares) will be cancelled.