Update: July, 26/2021 - 08:02 |
Compiled by Thiên Lý
At least around seven billion shares issued as dividends, under employee stock ownership plans and public issuances by banks are expected to enter the stock market in the two remaining quarters of the year.
They include MB and Vietinbank with nearly two billion shares.
In June MB shareholders approved the 2020 dividend payout of 35 per cent in shares.
Also in June the central bank allowed VietinBank to increase its charter capital from VNĐ37.2 trillion (US$1.6 billion) to over VNĐ48 trillion ($2.1 billion) by paying dividends in shares for 2020.
SHB offered 175 million shares for sales to the public at the same time.
Securities firms rake in revenues after bumper year vir.com.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vir.com.vn Daily Mail and Mail on Sunday newspapers.
Vietnam issued Circular 96 on new information disclosure norms for business entities in the securities industry. Circular 96 took effect on January 1, 2021