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Wednesday, November 5, 2025

BSR to issue over 1.9 billion shares

The Saigon Times

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HCMC – Binh Son Refining and Petrochemical Company Limited (HOSE: BSR) will finalize the list of shareholders eligible for dividend and bonus share distributions on October 31.

The company plans to issue more than 1.9 billion new shares. Of this, about 930 million shares will be issued as dividends at a ratio of 100:30, meaning shareholders will get 30 new shares for every 100 held.

BSR will also issue around 976.6 million bonus shares at a ratio of 100:31.5. Any fractional shares will not be distributed.

The dividend shares will be paid from undistributed post-tax profit recorded in BSR’s audited 2024 consolidated financial statements. The bonus shares will come from the company’s development investment fund based on the parent company’s audited 2024 financial report.

After the issuance, BSR’s charter capital will rise from VND31 trillion to roughly VND50.1 trillion.

For the first eight months of 2025, BSR reported consolidated revenue of VND93.1 trillion. Its pre-tax profit exceeded 142% of the full-year plan, supported by efficient operations and higher domestic fuel demand.

Closing the trading session today, October 10, BSR edged up 2.64% to VND29,200, with over 15.1 million shares changing hands.

The benchmark VN-Index reached a new high with an increase of 31.08 points, or 1.81%, to 1,747.55, with most of the gains led by Vingroup-related stocks.

VIC and VHM both hit their ceiling prices at VND192,000 and VND123,000 per share, respectively, while VRE climbed 6% to VND40,350. The three stocks contributed about two-thirds of the index’s increase.

Market liquidity fell slightly, with over 1.07 billion shares traded on the Hochiminh Stock Exchange valued at VND33.94 trillion. The trading volume dipped 3% from the previous session, while the total value rose nearly 2%. Block deals made up 48.7 million shares worth VND2.1 trillion.

For the week, the VN-Index gained nearly 102 points, or 6.18%. The index’s relative strength indicator (RSI) stood at 70.18, signaling overbought conditions.

Other bluechips also supported the market, including SSB, FPT, and HPG, which gained around 2%. VCB, HDB, STB, and MSN edged up slightly.

Some mid- and small-cap stocks rose sharply late in the session. GEE, SBT, VCR, and VCA all hit their ceiling prices.

Among other notable gainers, TCH rose 4.7% to VND24,700, FRT climbed 4.6% to VND143,600, HVN gained 4.3% to VND36,200, and VTP advanced 4.2% to VND98,600.

SHB took the lead by liquidity with over 77.9 million shares changing hands, followed by HPG with 62.7 million shares and MBB with 56.8 million shares.

On the Hanoi Stock Exchange, the HNX-Index fell 1.32 points, or 0.48%, to 273.62. The bourse recorded 82 gainers and 71 decliners, with more than 96 million shares traded for a total value of VND2.24 trillion.

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