VietinBank has just sent out a notice to all shareholders about the issuance of shares to pay dividends from the remaining profits in 2021, 2022 and the period 2009 - 2016. This is an issuance for existing shareholders whose names are on the list finalized by the Securities Depository Center on the last registration date.
According to the announcement, the shares issued are common shares of VietinBank, stock code CTG, par value 10,000 VND/share. The last registration date to exercise the right to receive dividends in shares is December 18, 2025.
The issuance ratio is determined at 44.63658403% of the number of outstanding shares. With the right exercise ratio of 100: 44.63658403 (shareholders owning 10,000,000,000 shares will receive 4,463,658,403 new shares). The total number of shares expected to be issued in this period is 2,396,980,879 shares. The capital for implementation is used from the remaining profits of 2021, 2022 and the accumulated profits of the period 2009 - 2016.
When allocating the number of shares received, VietinBank applies the principle of rounding down to the unit. The arising decimal fraction, if any, will be canceled. The Bank gives an example: a shareholder owning 100 shares on the last registration date will receive the corresponding number of new shares according to the formula (100 x 44.63658403) : 100 = 44.63658403 shares. After rounding down, the shareholder will receive 44 shares, the amount of 0.63658403 odd shares will be canceled according to the handling principle.
Regarding the location of implementation, VietinBank said that shareholders with securities in custody will complete procedures to receive dividends in shares at the custody members where their accounts are opened. In the case of un-custodyed securities, shareholders will receive dividends directly at the Industry and Trade Securities Joint Stock Company (VBSE), located on floors 1 to 4, building N02-T2, Diplomatic Corps Area, Xuan Dinh Ward, Hanoi City during working days of the week. When implementing, shareholders need to present their Citizen Identification Card, Passport or valid identification documents along with the Shareholder Book to verify information.
The bank also provides contact information for shareholders to learn more about the dividend stock issuance. Accordingly, shareholders can contact the Board of Directors Secretariat & Shareholders' Meeting - VietinBank Board of Directors Office at 108 Tran Hung Dao, Cua Nam Ward, Hanoi City. Support phone: 024.39413622; email: [email protected].
Source: https://congthuong.vn/vietinbank-phat-hanh-gan-2-4-ty-co-phieu-de-tra-co-tuc-433161.html
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