Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
ChatGPT: Share bonus issues are typically entitled to shareholders who own the company's shares before the ex-date. The ex-date (ex-dividend date) is the date on or after which a stock trades without its dividend or bonus entitlement. This means that if an investor purchases shares on or after the ex-date, they will not be entitled to receive the bonus issue.
For example, if a company announces a bonus issue and sets the ex-date as March 1st, shareholders who own the shares before March 1st will be entitled to receive the bonus shares. If an investor purchases shares on or after March 1st, they will not receive the bonus shares.
It's important for investors to keep track of ex-dates and other important dates related to dividend and bonus payments to make informed investment decisions.