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Legal Terms - Bond Issue
Capitalization issue, often known as a bonus issue or scrip issue. An approach to augmenting a business's authorized capital by issuing more shares to current company members. The dividends for these shares have been disbursed.
The undistributed profits of the corporation might be allocated to either the share premium account or the capital redemption reserve. The bonus issue is distributed among shareholders based on their current shareholding. For example, a 1 for 2 bonus issue means that shareholders receive one additional free share for every two shares they already own.
Capitalization issue, often known as a bonus issue or scrip issue. An approach to augmenting a business's authorized capital by issuing more shares to current company members. The dividends for these shares have been disbursed.
The undistributed profits of the corporation might be allocated to either the share premium account or the capital redemption reserve. The bonus issue is distributed among shareholders based on their current shareholding. For example, a 1 for 2 bonus issue means that shareholders receive one additional free share for every two shares they already own.
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