Definition of bonus issue in English:

Share this entry

bonus issue

noun

British
An issue of additional shares to shareholders instead of a dividend, in proportion to the shares already held.
Example sentences
  • During the period under review, the bank rewarded its shareholders through a bonus issue in the ratio of 1: 2 and at the same time declared a dividend of 40 per cent.
  • After the bonus issue the share capital of the company would be increased by, say, 200 shares and the retained profits of the company reduced by the same £200.
  • Wipro has celebrated these landmarks with a 2:1 bonus issue of shares in addition to the regular dividend of Rs 4 per share.
Share this entry
 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.