On July 14, the Vietnam Airports Corporation (ACV) announced a resolution to issue over 1.4 billion shares as dividends at a rate of 64.58%, which means that shareholders holding 100 shares will receive an additional 64.58 shares. The funds for this issuance will come from undistributed after-tax profits as of December 31, 2023, and the issuance is planned for 2025 pending approval from the State Securities Commission. This will be the first time ACV has paid dividends in shares since its privatization in 2016, having previously suspended cash dividends since 2019. If successful, ACV’s charter capital will increase from 21.771 trillion to nearly 35.829 trillion VND. Currently, 95.4% of ACV’s shares are held by the Ministry of Finance. In Q1 2025, ACV reported revenue of over 6.368 trillion VND and a net profit of 3.014 trillion VND, a 6% increase year-on-year.
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