Thursday, 16/06/2022 14:11

SMC: Approved the record date for 2021 stock diviend payment

The Board resolution dated June 15, 2022, the BOD of SMC Trading Investment Joint Stock Company approved the record date to pay stock dividend for 2021 as follows:

-          Record date: June 29, 2022

-          Exercise ratio: 100:20 (Those who own 100 shares will receive 20 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 20% exercise ratio, the shareholder A will receive: 101 * 20/100 = 20.20 shares. Accordingly, the shareholder A will receive 20 new shares and the fractional shares of 0.20 share will be cancelled.

HOSE

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