FPT Telecom issue over 24 million paying-dividend stocks

The issuance of FPT Telecom aims to pay 25% stock dividend to shareholders.

14/06/2014

Shareholders attend the AGM 2014 of FPT Telecom.

According to FPT Telecom's announcement dated June 9, the company plans to release 24,918,505 stocks worth VND 249,185,050,000. The record date for shareholders is June 18.

The number of shares will be rounded down to one. Odd number of shares arising (if any) due to rounding would not be counted.

Currently, there are 99.674.020 outstanding stocks and 27,515 treasury stocks among 99,701,535 issued shares of FPT Telecom.

The AGM 2014 of FPT Telecom approved the plan of 2014 dividend payout at 65% in shares and in cash. Accordingly, shareholders would receive the remaining dividends in cash after the AGM.