VAB stock dividend 2020 - Payment 1
Ngân hàng TMCP Việt Á(VAB)Ngân hàng TMCP Việt Á (VAB) announces stock dividend for year 2020, payment 1 with ratio 10,000:2135 (shareholders holding 10,000 shares will receive 2135 additional shares).
Ex-Dividend Date
Record Date
+2135 shares/10000 shares
- Execution ratio: 10000:2135.
- Explanation: At the record date, shareholders holding 10.000 shares will receive 2135 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 VAB. According to the stock dividend ratio of 10000:2135, the number of shares shareholder A will receive is (222 x 2135)/10000 = 47,397 new shares. According to the rounding and fractional share rules, shareholder A will receive 47 shares. Fractional shares (0.397 shares) will be cancelled.