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TCBS will issue 462.3 million shares to pay dividends to shareholders. The rights issue ratio is 5:1, meaning shareholders holding 5 shares will receive 1 additional new share.
The dividend shares are not subject to transfer restrictions. The funds for the issue come from undistributed profits in the audited 2024 financial statements. The expected completion is in the second quarter of 2026.
If the transaction is completed, TCBS’s charter capital is expected to increase from nearly VND 23,116 billion to about VND 27,739 billion.
On April 8, TCBS approved the list of shareholders to receive the 2024 cash dividend at a rate of 5%. Under the plan, shareholders holding 1 share will receive 500 dong. The payment date is expected to be May 8, 2026.
With more than 2.3 billion TCX shares outstanding, TCBS is expected to spend nearly VND 1,155.8 billion for this dividend round. The payment source is undistributed profits based on the company’s audited financial statements as of December 31, 2024.
Separately, TCBS held its 2026 annual general meeting on April 25. The meeting approved targets of total revenue of VND 13,227 billion and pre-tax profit of VND 7,535 billion, representing increases of 17% and 6% respectively compared with 2025 results. If achieved, TCBS would record its third consecutive year of revenue and profit growth.
For capital increase, the TCBS Board proposed paying 2025 dividends in stock at a 20% ratio, funded from undistributed profits in the audited 2025 financial statements.
In addition, TCX plans to issue 556,000 shares under the Employee Stock Ownership Plan (ESOP), representing 0.024%, at VND 10,000 per share. The expected execution time is in Q2 and Q3 2026. The ESOP shares will be restricted from transfer for one year.
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