HDBank to boost capital, issue dividend shares

Ho Chi Minh City Development Joint Stock Commercial Bank, or HDBank, has announced a plan to issue over 1.1 billion additional shares to increase its share capital from owner's equity and pay dividends. The total value of this issuance is VND 11,458,605,610,000.

Of the total, VND 9,648,539,590,000 is for dividend payments and VND 1,810,066,020,000 will increase share capital. Shareholders will receive 25 new shares for every 100 shares held as a dividend, and an additional 4.69 shares for every 100 shares held to increase share capital. Fractional shares will be donated to the HDBank Trade Union.

The State Securities Commission has acknowledged HDBank's filing, advising the bank to proceed with the issuance according to legal regulations. The final registration date for shareholders to be eligible for this issuance is December 19, 2025.