VietinBank announces share issuance to pay dividend
VOV.VN - Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has announced it will issue nearly 2.4 billion new shares to pay stock dividend to its shareholders.
Following is the notification from the bank.
NOTIFICATION
SHARES ISSUANCE TO PAY DIVIDEND
The Board of Directors of Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) would like to cordially announce the issuance of shares to pay dividend from remaining profits of 2021, 2022 and of 2009 – 2016 period as follows:
- Stock name: Vietnam Joint Stock Commercial Bank for Industry and Trade’s shares
- Stock code: CTG
- Stock type: Common shares
- Par value: VND 10,000/share (Ten thousand dong per share).
- Last registration date: 18/12/2025.
- Issuance rate: 100 : 44.63658403 (shareholder owning 10,000,000,000 shares are expected to receive 4,463,658,403 new shares).
- Number of shares to be issued: 2,396,980,879 shares.
- Target shareholders: The registered shareholders in VietinBank’s list of shareholders managed by VSDC as at the last registration date to receive stock dividend.
- Source of funds for implementation: from remaining profits of 2021, 2022 and of 2009-2016 period.
- Rounding principle, principle for handling fractional shares: The number of new shares issued to pay dividend to shareholders will be rounded down to the unit, the fractional decimals (if any) will be canceled.
For example: On the last registration date to exercise the right to receive stock dividends, shareholder A owns 100 shares. Thus, shareholder A will receive the corresponding number of shares (100 x 44.64): 100 = 44.64 shares. According to the rounding principle mentioned above, the number of shares to pay dividends that shareholder A receives is 44 shares, the number of decimal shares is 0.64 shares will be canceled.
- Payment location:
+ For shares which are in custody by depository members: Stock dividends are paid at depository members locations where shareholders are maintaining accounts.
+ For shares which are not in custody by depository members: Stock dividends by presenting shareholders’ personal ID at VietinBank Securities (VBSE) - Floor 1 to Floor 4, Building N02-T2, Diplomatic Corps Area, Xuan Dinh Ward, Hanoi City (on weekdays). When coming to receive dividend, shareholders are required to present ID/Citizen ID/Passport.
Yours sincerely,