BIDV Insurance Corporation announces the record date to pay dividend in stock for 2013:
-
Stock symbol: BIC
-
Stock type: Common
stock
-
Par
value: VND10,000
-
Ex-right
date: July 07, 2014
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Record
date: July 09, 2014
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Purpose: to pay stock dividends of the year 2013
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Contents:
·
Estimated
issue volume: 6,930,000 shares.
·
Exercise ratio: 10:1 (Holders of the Company’s common stock
as on the record date will be entitled to receive 01 new share per 10 shares).
·
Plan
to deal with fractional shares
·
The
distributed shares will be rounded down. The fractional shares (if any) be buy
back to treasury shares with price VND10,000/share.
For
example, if shareholder A owns 115 shares at the record date, he will receive: 11.5
shares. However, because of rounding down, he will receive only 11 new shares and
VND5,000.
-
Place & procedure of payment:
·
Shareholders
whose shares have been deposited: shareholders make procedures of dividend
payment in stock at the securities firms where the shares have been deposited.
·
Shareholders
whose shares have not been deposited: shareholders make procedures of dividend
payment in stock at BIDV Insurance Corporation, Floor 16, Vincom A Tower, 191
Ba Trieu Street, Ha Noi City.
