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Scrip dividend scheme terms refer to the conditions and rules set by a company when offering shareholders the option to receive additional shares instead of a cash dividend.
The company offering the scrip dividend scheme is required to file the terms with the relevant authorities.
To fill out scrip dividend scheme terms, the company must detail the offer of additional shares, the eligibility criteria for shareholders, the conversion ratio, and any other relevant conditions.
The purpose of scrip dividend scheme terms is to provide shareholders with an alternative to receiving cash dividends, allowing them to reinvest in the company.
The scrip dividend scheme terms must include details on the offer of additional shares, eligibility criteria for shareholders, the conversion ratio, and any other relevant conditions.
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