Media and Entertainment
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Media and Entertainment
Source : (remove) : Goodreturns
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Approved Issue of 2:1 Bonus Shares: Record Date To Be Determined; BUY/SELL?

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  Following the Boards approval of 2:1 bonus shares, Thinkink Picturezs shares ended Tuesday 1.53% down at Rs 1.93 per share, with a market value of Rs 91.49 Cr.

The article from Goodreturns discusses the approval by the board of directors of a company to issue bonus shares in a 2:1 ratio, meaning shareholders will receive two additional shares for every share they currently own. This decision aims to reward shareholders by increasing the number of shares they hold without requiring them to invest more money. The record date for determining eligible shareholders for this bonus issue has yet to be announced. The article also provides insights into the potential implications for investors, suggesting that while the total value of their investment remains the same immediately after the bonus issue, the share price will adjust downwards to reflect the increased number of shares. It advises investors to consider whether to buy more shares before the record date or sell existing shares, depending on their investment strategy and market conditions.

Read the Full Goodreturns Article at:
[ https://www.goodreturns.in/personal-finance/investment/approved-issue-of-2-1-bonus-shares-record-date-to-be-determined-buy-sell-1394577.html ]