Bonus-issue



an issue of free shares distributed pro rata to existing stockholders instead of a dividend.
noun
(Brit) an issue of shares made by a company without charge and distributed pro rata among existing shareholders Also called scrip issue

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  • Bonus

    something given or paid over and above what is due. a sum of money granted or given to an employee, a returned soldier, etc., in addition to regular pay, usually in appreciation for work done, length of service, accumulated favors, etc. something free, as an extra dividend, given by a corporation to a purchaser of […]

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