HDBank announces 2024 stock dividend and capital increase

HDBank has announced a 2024 stock dividend and an increase in charter capital from owner's equity. The final registration date for both actions is December 19, 2025. For the 2024 stock dividend, shareholders will receive 25 new shares for every 100 shares held (a 100:25 ratio). Fractional shares will not be rounded and will be gifted to the HDBank Trade Union.

Additionally, HDBank will issue new shares to increase its charter capital from owner's equity at a ratio of 100:4.69, meaning shareholders will receive 4.69 new shares for every 100 shares owned. Similar to the stock dividend, fractional shares resulting from this issuance will be gifted to the HDBank Trade Union.

Shareholders with deposited securities can complete procedures at their respective depository members. Those with undeposited securities can do so at the Ho Chi Minh City Securities Corporation (HSC) office. These strategic moves aim to reward shareholders and strengthen the bank's capital base.