HCMC – Investment And Industrial Development Corporation, known as Becamex IDC, (HOSE: BCM) has announced a plan to issue 113.85 million shares to pay dividends for 2024.
The share issue is intended to pay a 2024 stock dividend at a rate of 11%, meaning shareholders will receive 11 new shares for every 100 shares held. The distribution is expected to take place between the second and third quarters of 2025.
With 1,035 billion shares currently in circulation, Becamex IDC is expected to issue an additional 113.85 million shares for the upcoming dividend payout.
Earlier, Becamex IDC planned to auction 300 million shares at a starting price of VND69,600 per share on April 28 on the Hochiminh Stock Exchange (HOSE).
However, shortly before the auction date, the company unexpectedly decided to postpone the offering following a sharp market downturn in early April, driven by concerns over reciprocal tariffs affecting the industrial real estate sector.
Closing the trading session today, June 19, BCM fell by 0.67% day-on-day to VND59,000, with 375,300 shares changing hands.
On the southern exchange, the VN-Index rose 5.21 points, or 0.39% against the previous session, to 1,352.04 points, with 139 advancers and 162 decliners.
Over 792.9 million shares worth VND18.73 trillion were traded, down nearly 7% in volume and 8% in value compared to the previous session. Block deal transactions contributed over 54.7 million shares worth a combined VND1.05 trillion.
Two standout stocks in the session were TCB and VIC, together accounting for more than half of the VN-Index’s gain. TCB rose 3.7% to VND34,000, making it the best performer in the VN30 basket, while VIC edged up 1.6% to VND89,400.
Other notable blue-chip stocks included GVR, which gained 3.1% to VND29,900, ranking second among top gainers in the VN30 basket. SSI, GAS, CTG, PLX, and LPB also posted gains ranging from 1.3% to 1.6%.
On the northern bourse, the HNX-Index dropped 0.64 points, or 0.28%, to 227.56 points, with 62 winners and 81 losers. Total matching volume reached over 81.4 million shares, with a value of VND1.51 trillion.
