FPT Securities (FTS) pays 5% cash dividend and 10% stock bonus
Thursday, May 11,2023AsemconnectVietnam - On May 12, FPT Securities Joint Stock Company (FTS - HOSE) will close the list of shareholders paying dividends in 2022 and issue shares to increase capital from equity.
Accordingly, the Company will pay a cash dividend at the rate of 5%, equivalent to a shareholder owning 1 share will receive VND500. Thus, with more than 195 million shares outstanding, FPT Securities will have to spend about VND97.5 billion to pay dividends to existing shareholders. Dividend payment time is expected from June 1, 2023.
At the same time, the Company plans to issue more than 19.5 million bonus shares to existing shareholders at the rate of 10%, respectively, shareholders owning 100 shares will receive 10 new shares. The number of decimal odd shares (if any) will be canceled and not issued.
The source of issuance is from undistributed after-tax profit as of December 31, 2022 in the audited financial statements of 2022, up to a maximum of more than VND195 billion.
Recently, a major shareholder from Japan continues to increase its ownership in FTS. Specifically, from March 16 to April 14, SBI Financial Services Co., Ltd. bought 100,000 FTS shares out of a total of 1 million registered shares. Thereby, this organization increased its ownership in FTS to 47,665,806 shares, ratio 24.44%, being the largest shareholder of FPT Securities.
Thus, with the above dividend and share bonus, major shareholder SBI Financial Services Co., Ltd. will receive about 23.84 billion dong in cash and nearly 4.77 million FTS shares.
At the end of last March, FPT Securities successfully held the Annual General Meeting of Shareholders in 2023 and approved this year's business plan with the target of revenue from business activities and financial activities of VND770 billion, down 26 ,54% compared to the results in 2022; pre-tax profit of VND420 billion, down 34.18% compared to the previous year.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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