HDBank announces capital increase and share dividend issuance
HDBank announced its intent to issue 1,145,860,561 additional shares, valued at VND 11,458,605,610,000, through two distinct offerings. Of this total, VND 9,648,539,590,000 will be allocated for dividend payments at a 100:25 ratio, meaning shareholders receive 25 new shares for every 100 shares held. The remaining VND 1,810,066,020,000 will be used to increase share capital from owner's equity at a 100:4.69 ratio.
The issuance for dividend payments will be funded by undistributed after-tax profits from the 2024 consolidated financial statements, subject to audit and fund allocations. The capital increase from owner's equity will be sourced from the charter capital supplementary reserve fund, based on the 2024 separate financial statements.
The State Securities Commission has acknowledged HDBank's filing, confirming the bank's compliance with regulations. The effective date for shareholders to register for these rights is December 19, 2025. Odd shares resulting from the distribution will be gifted to the HDBank Trade Union.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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