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DGC: Stock issuance to pay dividend for 2021 On May 23, 2022, Duc Giang Chemicals Group Joint Stock Company announces the stock issuance to pay dividend for 2021 as follows:
- Stock name: Duc Giang Chemicals Group Joint Stock Company
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 171,080,556 shares
- Number of outstanding shares: 171,079,683 shares
- Number of treasury shares: 873 shares
- Number of shares expected to be issued: 200,163,229 shares
- Total value (based on par value): 2,001,632,290,000 dongs
- Issue ratio: 117% (Shareholder who owns 100 shares will receive 117 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 101 shares. With 117% exercise ratio, the shareholder A will receive: 125 *117/100 = 118.17 shares. According to rounding policy, the shareholder A will receive 118 new shares and the fractional shares of 0.17 share will be cancelled.
- Record date: June 06, 2022. HOSE
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