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bonus issue |
Also found in: Wikipedia | 0.03 sec. |
bonus issue n (Economics, Accounting & Finance / Stock Exchange) Brit an issue of shares made by a company without charge and distributed pro rata among existing shareholders Also called scrip issue How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Bozanich said that he questioned Garcetti privately about the Simpson bonus issue. In addition a proposal will be made to cancel shares held in treasury with a contemporaneous bonus issue without issuing new share of an amount equivalent to the reduction of share capital through the cancellation of shares. In order to make a quick procedure possible, the Board proposes that the company's share capital be restored through a bonus issue of SEK 400 million. |
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