The Board of Directors of APG Securities Joint Stock Company approved to pay for the 2018 dividend in cash:
- Stock symbol: APG
- Purpose: to pay stock dividends.
- Exercise ratio: 2.5%
The one who owns 40 shares at the record date will receive 01 new share.
- Estimated issue volume: 850,722 shares.
- Total issue value: VND8,507,220,000
- Plan to deal with fractional shares:
The distributed shares will be rounded down. The fractional shares will be canceled.
For example, if shareholder A owns 100 shares at the record date, he will receive: 100x2.5% = 2.5 shares. However, because of rounding down, he will receive only 2 new shares.
- Implement date: expected in Q3, Q4 2019.