Vingroup doubles common shares through capital increase

Vingroup, a prominent Vietnamese conglomerate, announced the successful completion of a share issuance, significantly increasing its capital from owner's equity. The issuance, detailed in a report dated December 11, 2025, involved the distribution of 3,853,015,512 common shares, bringing the total outstanding shares to 7,733,491,896. This includes 7,706,031,024 common shares and 27,460,872 preferred shares, with no treasury shares.

The capital increase was funded by the company's retained earnings as of December 31, 2024, specifically from accumulated capital surplus totaling VND 39,140,273 million. Shareholders received one additional common share for every common share held, with fractional shares being cancelled. This move effectively doubled the number of common shares in circulation.

Following the issuance, Vingroup's charter capital has increased from VND 38,804,763,840,000 to VND 77,334,918,960,000. The newly issued shares are expected to be transferred to shareholders between December 2025 and January 2026, pending registration with the Vietnam Securities Depository and Clearing Corporation (VSDC) and listing on the Ho Chi Minh Stock Exchange (HOSE).