Petrochemical and Fertilizer Corporation (PVFCCo, Phu My Fertilizer, stock code: DPM) has announced plans to issue 288.6 million bonus shares with a ratio of 100:73.7476, meaning each shareholder with 100 shares will receive an additional 73 shares. The capital for the issuance will come from the Development Investment Fund as of December 31, 2024. After the issuance, the charter capital will increase from 3.914 trillion VND to 6.8 trillion VND. PVFCCo has received approval from the Securities Commission for this plan, with the record date for allocation on August 8, 2025. Additionally, PVFCCo has closed the list of shareholders to pay a 15% cash dividend for 2024. In the first half of 2025, the company met production targets, particularly with NPK Phu My exceeding its plan by 40-44%. The company will focus on optimizing production and expanding its product line in the second half of 2025.
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