Bonus issues & stock split: 5 stocks rewarding shareholders next week
The list remains tentative as more companies may announce record dates for bonus issues and stock splits during the week.
Five companies have set record dates for bonus issues or stock splits this week, offering investors potential rewards.
BLS E-Services will have a 1:2 stock split on October 6, doubling the number of shares while halving the price. Eligible shareholders will receive two shares for each held on the record date.
GTV Engineering announced a 2:1 bonus issue on October 7, giving two additional shares for each existing share held on October 7. The stock price will adjust accordingly.
Shankara Buildpro's 1:5 stock split is scheduled for October 8. Shareholders will receive five shares for each held on the record date, significantly lowering the share price.
Mold-Tek Technologies and Mold-Tek Packaging both announced 1:1 bonus issues for Friday. Each shareholder will receive one bonus share for every share held on the record date, providing a straightforward way to increase holdings.
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