ITC: Stock issuance to pay dividend for 2020 On November 12, 2021, Investment and Trading of Real Estate Joint stock Company announces the stock issuance to pay dividend for 2020 with details as follows:
- Stock name: Investment and Trading of Real Estate Joint stock Company
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 79,726,294 shares
- Number of outstanding shares: 79,285,934 shares
- Number of treasury shares: 440,360 shares
- Number of shares expected to be issued: 7,928,593 shares
- Total value of issuance (at par value): 79,285,930,000 dongs
- Exercise ratio: 1:0.1 (10%) (Those who own 01 share will receive 0.1 new share).
- 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 owned 585 shares. With 10% performing ratio, the shareholder A will receive: 585 *10/100 =58.5 shares. According to rounding policy, the shareholder A receives 58 new shares and fractional shares of 0.5 will be cancelled..
- Record date: November 23, 2021. HOSE
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