On April 12, 2022, the BOD of Asia Commercial Joint Stock Bank approved the plan to issue shares for 2021 dividend payment with details as follows:
- Stock name: Asia Commercial Joint Stock Bank
- Stock type: common share
- Par value: VND10,000/share
- Stock code: ACB
- Number of shares issued: 2,701,948,075 shares
- Number of outstanding shares: 2,701,948,075 shares
- Numbe of treasury shares: 0 share
- Number of shares expected to be issued: 675,487,019 shares
- Total value of issue (at par value): VND6,754,870,190,000
- Expected stock volume after the issuance: VND3,377,435,094 shares
- Total value after the issuance (estimated): VND33,774,350,940,000
- Issue rate: 25% (Those who own 100 shares will receive 25 new shares)
- Time of implementation for increasing capital: Quarter 3/2022.
- Plan to deal with fractional shares: The distributed shares will be rounded down to units and the fractional shares will be distributed to the Trade Union Asia Commercial Joint Stock Bank.
- For example: at the record date, shareholder A owned 95 shares. With 40% performing ratio, the shareholder A will receive: 95*0.25 = 23.75 shares. According to rounding policy, the shareholder A receives 23 new shares and fractional shares of 0.75 will be distributed to the Trade Union Asia Commercial Joint Stock Bank.