SSC and Scrip issue: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Link with SSIs page.)
 
imported>Doug Williamson
(Add reference to Scrip dividend.)
 
Line 1: Line 1:
Shared Service Centre.
An issue of bonus shares in proportion to existing shares held.
 
(Not to be confused with SSIs.)


A 'one-for-one' scrip issue would mean that one new share was issued for each share held.  This would effectively halve the share price; each shareholder would still have the same share value.


== See also ==
== See also ==
* [[Shared Service Centre]]
* [[Share split]]
* [[SSIs]]
* [[Scrip dividend]]

Revision as of 21:59, 19 August 2013

An issue of bonus shares in proportion to existing shares held.

A 'one-for-one' scrip issue would mean that one new share was issued for each share held. This would effectively halve the share price; each shareholder would still have the same share value.

See also