CRE: Stock issuance to pay dividend for 2020 On August 30, 2021, Century Land Joint Stock Company announces the stock issuance to pay dividend for 2020 with details as follows:
- Stock name: Century Land Joint Stock Company
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 95,999,908 shares
- Number of outstanding shares: 95,999,800 shares
- Number of treasury shares: 108 shares
- Number of shares expected to be issued: 9,599,980 shares
- Total value of issuance (at par value): 95,999,800,000 dongs
- Issuing ratio: 10% (Those who own 10 shares will receive 01 new share).
- Record date: September 15, 2021
- Plan to deal with fractional shares: The distributed shares will not be rounded down to units, the fractional shares (if any) will be cancelled.
- For example: at the record date, shareholder A owns 82 shares. With 10% performing ratio, the shareholder A will receive: 82 *10/100 = 8.2 shares. According to rounding policy, the shareholder A will receive 08 new shares and fractional shares of 0.2 will be cancelled. HOSE
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