Definition of bonus issue in English:
An issue of additional shares to shareholders instead of a dividend, in proportion to the shares already held.
- 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.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Malaysia
Most popular in Pakistan