Ton Dong A (GDA) is about to issue more than 34.4 million shares to pay dividends.

Specifically, the company plans to issue more than 34.4 million shares to pay dividends in 2024 to existing shareholders with a 100:30 rights exercise ratio, meaning that shareholders owning 100 shares will receive 30 new shares.

The total issuance value calculated at par value is nearly 344.1 billion VND, the capital source is taken from undistributed profit after tax on the audited financial statement in 2024.

Expected issuance time is in the third quarter of 2025 - the fourth quarter of 2025, within 45 days from the date the company receives written notice from the State Securities Commission (SSC) on receipt of full documents reporting the company's stock issuance to pay dividends.

Previously, in June 2025, the company spent nearly VND 114.7 billion to pay interim dividends for 2024 to shareholders at a rate of 10%, meaning that shareholders owning 1 share will receive VND 1,000.

It is known that at the 2025 General Meeting of Shareholders, Ton Dong A approved the plan to pay dividends in 2024 at a rate of 40%. Of which, 10% in cash was paid in May and the remaining 30% in shares.

Also at the 2025 General Meeting of Shareholders, in addition to approving the business plan, Ton Dong A also approved the plan to list shares on the Ho Chi Minh City Stock Exchange (HOSE). The expected time to submit the listing application will be decided by the Board of Directors at an appropriate time, ensuring compliance with legal regulations.

In addition to the plan to increase capital through dividend payments, Ton Dong A also plans to issue ESOP shares, at a maximum rate of 3% of the total number of outstanding shares at the time of implementation. The issuance price is not lower than the par value and ESOP shares are restricted from transfer for 2 years.

Along with that, Ton Dong A also wants to issue shares to the public to existing shareholders at a ratio of 3:1, meaning that shareholders who own 3 shares are expected to be able to buy 1 new share. The number of shares expected to be issued will not exceed 1/3 of the total number of shares outstanding at the time of issuance.

The offering price is not lower than the par value. The shares issued in this round will be restricted from transfer for 06 months. Expected to be implemented in 2025-2026. The purpose of issuance is to supplement working capital and production and business activities.

Source: https://baovanhoa.vn/kinh-te/ton-dong-a-gda-sap-phat-hanh-hon-344-trieu-co-phieu-de-tra-co-tuc-157228.html