bonus issue


Also found in: Financial.
Related to bonus issue: rights issue

bonus issue

bonus issue

n
(Stock Exchange) Brit an issue of shares made by a company without charge and distributed pro rata among existing shareholders. Also called: scrip issue

bonus issue

When a company offers its existing shareholders newly issued shares at no charge in proportion to their existing holdings. Also known as a scrip issue.
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Along with the result, company also announced a final dividend for PkR1/sh and a 10% bonus issue.
In connection with the rights issue, a bonus issue and reduction of the share capital have also been carried out in accordance with resolutions at the company's Annual General Meeting.
Atlas Insurance Limited###772###10.00###78.75###60.00###238,000###Dividend = 70%, Bonus Issue = 10%
Positive earnings report from several companies and banks including Allied and Faisal Bank, Millat Tractors, Bestway and Cherat Cement along with a surprise interim cash payout and bonus issue from Meezan Bank, which encouraged investors to take positions in the banking sector, adding 351 points to the index.
* 1:1 bonus issue of equity shares and 1:1 stock dividend of American Depositary Shares
Summary: Mumbai (Maharashtra) [India] March 13 (ANI): The Board of Directors Board of Foods & Inns Limited at its meeting held on March 11th, 2019 recommended bonus issue of equity shares in the ratio of 2 (Two) Equity Shares of Re 1/- each for every 1 (One) Equity Share of Re 1/- each held by the shareholders of the Company as on the record date, subject to the approval of the shareholders.
SHEZ announced dividend per share of Rs15 along with bonus issue of 10 percent in the out-going quarter.
The management also approved a final cash dividend of Rs0.40 per share with a 5 per cent bonus issue in addition to the interim cash dividend of Rs0.30 per share.
The board has approved and recommended a bonus issue of one equity share for every equity share held as on a record date to be determined, GlaxoSmithKline said.
Glove maker Top Glove Corp Berhad has proposed a bonus issue involving up to 1.28 billion new shares as incentive for shareholders.
This makes the entire PNP bonus issue a scandal three times over.