Bonus issue alert! Choice International to reward shareholders with 1:1 bonus shares. Check details
Choice International has approved a 1:1 bonus issue, its first such corporate action in two years. Under the proposal, shareholders will receive one bonus share for every share held on the record date, which will be announced later. The move will double the number of outstanding shares without changing the company’s market capitalisation, while potentially improving...
Key Takeaways
- Choice International has approved a 1:1 bonus issue, its first such corporate action in two years.
- Under the proposal, shareholders will receive one bonus share for every share held on the record date, which will be announced later.
- The move will double the number of outstanding shares without changing the company’s market capitalisation, while potentially improving stock liquidity and affordability.
Choice International has approved a 1:1 bonus issue, its first such corporate action in two years. Under the proposal, shareholders will receive one bonus share for every share held on the record date, which will be announced later. The move will double the number of outstanding shares without changing the company’s market capitalisation, while potentially improving stock liquidity and affordability.
Original Publisher Attribution
This summary was curated from Economic Times.