As
mentioned earlier, the ex-date is the date on or after which a security trades
without a previously declared dividend or distribution. The split ratio
indicates the ratio at which the stock has been split, and the bonus ratio
indicates the ratio at which the bonus shares have been issued to the
shareholders.
For VISAKAIND, the ex-date is May 15, 2023, and the buy date is May 5, 2023. This means that investors who purchase VISAKAIND shares on or before May 15, 2023, will be eligible. The sell date for VISAKAIND is May 17, 2023, on which an investor can sell their shares.
VISAKAIND also underwent a stock split at a ratio of 5:1, which means that for every share of VISAKAIND held by an investor, they will receive four additional shares. The total value of the investor's holding will remain the same as before the split, but the value of each share will decrease proportionally to the increase in the number of shares.
For HARDWYN, the ex-date is June 5, 2023, and the buy date is May 26, 2023. This means that investors who purchase HARDWYN shares on or before June 5, 2023, will be eligible. HARDWYN underwent a stock split at a ratio of 10:1, which means that for every share of HARDWYN held by an investor, they will receive ten additional shares. In addition, a bonus of 1 share will be issued for every three shares held by the investor. This means that the total number of shares held by the investor will increase by a factor of 40/3 (10 from the split and 1/3 from the bonus) for every one share held before the split. The total value of the investor's holding will remain the same as before the split and bonus, but the value of each share will decrease proportionally to the increase in the number of shares. The sell date for HARDWYN is June 7, 2023.
0 Comments