bonus shares


Also found in: Financial.

bonus shares

shares allotted free to existing members of the company, usually in proportion to their existing shareholdings, and paid up by an accounting transfer to share capital account from profit and loss account, revaluation reserve, share premium account or capital redemption reserve.
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The bonus shares are eligible to the shareholders who are registered in the shareholders registry at the close of trading on the day of the extraordinary general assembly that will be decided later by the bank's board, and should be held within six months from the approval date.
The bank is to raise the amount by issuing bonus shares.
Summary: KUWAIT CITY - Net profit at Kuwaiti logistics group Agility more than doubled in the fourth quarter of 2012 and the company said on Sunday its board had proposed a dividend of 30 per cent cash and five per cent bonus shares.
ISLAMABAD, February 17, 2012 (Balochistan Times): Engro Corporation has on Thursday announced 20 per cent cash dividend for the last quarter of 2011 and 30 per cent of bonus shares for the whole year for its investors holding shares of the company.
This will be paid 25% in the form of cash and 15% in the form of bonus shares, subject to approval from the Central Bank of Oman and BankMuscat shareholders.
BANKING AND CREDIT NEWS-January 7, 2011--First Gulf Bank to give out 75m bonus shares within stock repurchase(C)2011 M2 COMMUNICATIONS http://www.
NEW DELHI -- Bajaj Auto, the country's second biggest two-wheeler maker, Wednesday said it may consider issuing bonus shares, sending the scrip of the company flying.
476 million and 10 per cent as bonus shares - one share for every 10 shares held,' said company chairman Abdulla Ahmed Nass.
Therefore we have suggested our shareholders to approve the cash dividend and bonus shares.
Ras Al Khaimah: The annual general meeting of the Commercial Bank International (CBI) approved on Sunday evening 15 per cent bonus shares and a 5 per cent cash dividend for shareholders.
If the holders of warrants and options wish to maximize the number of Sniper shares they receive they must exercise the warrants and options prior to the record date of the dividend in order for these shares to qualify for the bonus shares.
Earnings per share for the year ended 31 December 2013 were restated taking into account bonus shares issued to raise capital during the current year.