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VietinBank Securities: Stock issuance to pay dividend On March 17, 2022, Vietnam Bank for Industry and Trade Securities Joint Stock Company announces the stock issuance to pay dividend as follows:
- Stock name: Vietnam Bank for Industry and Trade Securities Joint Stock Company
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 106,436,576 shares
- Number of outstanding shares: 106,399,614 shares
- Number of treasury shares: 36,962 shares
- Number of shares expected to be issued: 8,511,969 shares
- Total value (based on par value): 85,119,690,000 dongs
- Issuing ratio: 8% (100:8) (Shareholder who owns 100 shares will receive 8 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 1,005 shares. With 8% performing ratio, the shareholder A will receive: 1,005*8/100 = 80.4 shares. According to rounding policy, the shareholder A receives 80 new shares and fractional shares of 0.4 will be cancelled.
- Record date: March 29, 2022. HOSE
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