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CTG: Stock issuance to pay dividend On June 23, 2021, Viet Nam Joint Stock Commercial Bank For Industry And Trade announces the stock issuance to pay dividend as follows:
- Stock name: Viet Nam Joint Stock Commercial Bank For Industry And Trade
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 3,723,404,556 shares
- Number of outstanding shares: 3,723,404,556 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 1,082,375,087 shares
- Total value (based on par value): 10,823,750,870,000 dongs
- Issuing ratio: 100:29.0695 (Shareholder who owns 1,000,000 shares will receive 290,695 new shares).
- Plan to deal with fractional shares: The distributed shares will not be rounded down to dozen, the fractional shares due to rounding down will be cancelled.
- For example: at the record date, shareholder A owned 100 shares. With 15% performing ratio, the shareholder A will receive: 100*29.0695/100 = 29.0695 shares. According to rounding policy, the shareholder A receives 29 new shares and fractional shares of 0.0695 will be cancelled.
- Expected execution time: July 08, 2021. HOSE
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