DBD: Stock issuance to pay dividend On May 19, 2022, Binh Dinh Pharmaceutical and Medical Equipment Joint Stock Company announces the stock issuance to pay dividend as follows:
- Stock name: Binh Dinh Pharmaceutical and Medical Equipment Joint Stock Company
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 57,612,444 shares
- Number of outstanding shares: 57,572,359 shares
- Number of treasury shares: 40,085 shares
- Number of shares expected to be issued: 17,271,707 shares
- Total value (based on par value): 172,717,070,000 dongs
- Issue ratio: 30% (10:3) (Shareholder who owns 10 shares will receive 03 new shares).
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled.
- For example: at the record date, shareholder A owns 125 shares. With 30% exercise ratio, the shareholder A will receive: 125 *30% = 37.5 shares. According to rounding policy, the shareholder A will receive 37 new shares and the fractional shares of 0.5 share will be cancelled.
- Record date: June 10, 2022.
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