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On May 29, FPT Joint Stock Company (Stock code: FPT) sent an abnormal information disclosure document to the State Securities Commission (SSC) and the Ho Chi Minh City Stock Exchange (HoSE) regarding the issuance of shares to increase capital and pay the remaining 2024 dividends in cash.
Specifically, according to Resolution 02.05-2025/NQ-HDQTFPT dated May 29, 2025, the Board of Directors of FPT decided to approve the implementation of the plan to issue shares to increase capital from equity for existing shareholders according to Item 2, Article 4 of the Resolution of the 2025 Annual General Meeting of Shareholders.
The type of shares to be issued is common stock, with a par value of VND 10,000/share, and the expected issuance volume is nearly 222.2 million shares. Accordingly, the total expected issuance value at par value is nearly VND 2,222 billion.
The issuance is offered to existing shareholders whose names appear on the list of shareholders at the record date for issuing shares to increase capital from equity for existing shareholders provided by the Vietnam Securities Depository and Clearing Corporation.
The issuance ratio is 20:3 (15%); corresponding to 3 new shares for every 20 shares held by shareholders.
The source of capital for the issuance is from undistributed after-tax profits belonging to equity owners as of December 31, 2024, in the 2024 audited financial statements of the parent company.
The shares issued in this offering are not restricted from transfer. The time of implementation is no later than the third quarter of 2025.
In addition, the Board of Directors of FPT also approved the plan to pay the remaining 2024 dividends in cash according to Item 1, Article 4 of the Resolution of the 2025 Annual General Meeting of Shareholders, with a rate of 10%/par value (VND 1,000/01 share)
The record date for determining shareholders is June 13, 2025, and the date of dividend payment is June 20, 2025.
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