Saigon – Hanoi Bank (SHB) has announced the completion of the issuance of 402,838,460 shares to pay dividends for the fiscal year 2023. This issuance is part of the dividend distribution plan that the bank previously announced. The anticipated dividend rate is 10%, meaning that for every 10 shares owned, shareholders will receive 1 additional share. The newly issued shares will be subject to a one-year transfer restriction from the date of issuance. The increase in charter capital through this share issuance aims to enhance financial capacity and facilitate business expansion in the coming period. SHB intends to strengthen financial banking services, contributing to customer support and market stability.
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