Get the free Issue of bonus shares on 25

For Main Board listed issuers Name of listed issuer: Stock code: 386 Next Day Disclosure Return (Equity issuer changes in issued share capital and/or share buybacks) China Petroleum & Chemical Corporation Date

How to fill out issue of bonus shares

How to fill out issue of bonus shares:

1. Determine the reason for issuing bonus shares. This could be to reward existing shareholders, increase liquidity of the company's stock, attract new investors, or improve the company's image.
2. Review the company's current financial situation and consult with legal and financial advisors to ensure that issuing bonus shares is a feasible option.
3. Calculate the number of bonus shares to be issued. This can be done by determining the ratio of bonus shares to existing shares. For example, if the ratio is 1:4, one bonus share will be issued for every four existing shares held.
4. Prepare the necessary documents for issuing bonus shares. This includes drafting a resolution to be passed by the company's board of directors, preparing a notice of the general meeting of shareholders, and updating the company's articles of association if necessary.
5. Hold a general meeting of shareholders to obtain their approval for the issue of bonus shares. Notify shareholders of the meeting in accordance with legal requirements and provide them with all relevant information and documents.
6. After obtaining approval from shareholders, file the necessary documents with the appropriate regulatory authorities. This may include submitting a copy of the board resolution, updated articles of association, and any other required forms or filings.
7. Once the bonus shares have been issued, update the company's share register to reflect the new shareholding structure. This should be done in accordance with legal requirements and any applicable stock exchange rules.
8. Communicate the issuance of bonus shares to shareholders and the market. This can be done through regulatory announcements, press releases, or other appropriate channels.

Who needs issue of bonus shares?

1. Companies that want to reward their existing shareholders for their loyalty and support.
2. Companies looking to increase the liquidity of their stock in the market.
3. Companies that want to attract new investors by increasing the number of shares available for trading.
4. Companies that aim to improve their public image and demonstrate their commitment to shareholder value.
5. Companies that have accumulated surplus profits or reserves and want to distribute them among shareholders.
6. Companies that want to adjust their capital structure without the need for external financing.
7. Companies that seek to align their share price with a desired trading range or market value.
8. Companies with a history of consistent profits and a positive financial outlook.

For pdfFiller’s FAQs

What is issue of bonus shares?

Issue of bonus shares is when a company distributes free additional shares to its existing shareholders in proportion to their current shareholding.

Who is required to file issue of bonus shares?

The company's management is responsible for filing the issue of bonus shares with the regulatory authorities.

How to fill out issue of bonus shares?

To fill out issue of bonus shares, the company must provide details such as the number of bonus shares to be issued, the reason for issuing bonus shares, and the impact on shareholders.

What is the purpose of issue of bonus shares?

The purpose of issuing bonus shares is to reward existing shareholders, increase liquidity in the market, and enhance the company's image.

What information must be reported on issue of bonus shares?

Information such as the number of bonus shares, the date of issuance, the ratio of bonus shares to existing shares, and the impact on the company's capital structure must be reported on issue of bonus shares.

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