FHS stock bonus 2020 - Payment 1
CTCP Phát hành Sách Thành phố Hồ Chí Minh(FHS)CTCP Phát hành Sách Thành phố Hồ Chí Minh (FHS) announces stock bonus for year 2020, payment 1 with ratio 25:10 (shareholders holding 25 shares will receive 10 additional shares). With over 12.75 million outstanding shares, the company is estimated to issue an additional over 5.1 million shares to distribute dividends to shareholders.
Ex-Dividend Date
Record Date
+10 shares/25 shares
- Execution ratio: 25:10.
- Explanation: At the record date, shareholders holding 25 shares will receive 10 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 FHS. According to the stock dividend ratio of 25:10, the number of shares shareholder A will receive is (222 x 10)/25 = 88,8 new shares. According to the rounding and fractional share rules, shareholder A will receive 88 shares. Fractional shares (0.8 shares) will be cancelled.