DividendGREENDELT

GREENDELT 7.5% Stock Dividend

Published
Last verified by BullBD

Announcement summary

What happened
GREENDELT published a dividend disclosure.
Dividend type
Stock
Dividend percentage
7.5%
Company
Green Delta Insurance PLC.
Announcement published

Original announcement

(Continuation news of GREENDELT): The Company has also informed that they recommended 7.5% stock dividend this year due to following reasons: Bonus share utilizing the share premium balance in terms of Section 57(2) of the Companies Act 1994. Bonus share has not been declared from the revaluation or any unrealized gain or through reducing paid up capital so that the post dividend retained earnings will have negative impact. (cont. 2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b000040054432
Original publication
Last verified by BullBD
Translation
BullBD
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