Issue shares to pay dividend from profit after tax, after fund appropriations and cash dividend payout in 2020
22/11/2023
VietinBank would like to notify our share issuance for dividend payment as follow:
- Name of share: Stock of Vietnam Joint Stock Commercial Bank for Industry and Trade;
- Ticker symbol: CTG;
- Type of share: common share;
- Pay value: 10,000 VND/share (Ten thousand dong per share);
- Last registration date: 01/12/2023
- Reason and purpose: Issue shares to pay dividend from profit after tax, after fund appropriations and cash dividend payout in 2020
- Issuance rate: 100:11.7415 (shareholder owning 1,000,000 shares are expected to receive 117,415 new shares).
- Number of shares expected to be issued: 564,267,207 shares.
- Rounding principle, principle for handling fractional shares: The number of new shares issued to pay dividend to shareholders will be rounded down to the unit, the fractional decimals (if any) will be canceled.
For example: On the last registration date to exercise the right to receive stock dividends, shareholder A owns 197 shares. Thus, shareholder A will receive the corresponding number of shares (197 x 11.7415): 100 = 23.130755 shares. According to the rounding principle mentioned above, the number of shares to pay dividends that shareholder A receives is 23 shares, the number of decimal shares is 0.130755 shares will be canceled.
- Dividend payers: The registered shareholders in VietinBank's list of shareholders managed by VSDC as at the last registration date to receive stock dividend.
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