ACB Share Price Sets A New High

The Asia Commercial Joint Stock Bank (ACB-HNX) has announced that it has completed the distribution of 2016 dividend payment shares to 27,295 shareholders of this bank. It is expected that the entire of above mentioned 98.59 million shares will be transacted in May 2018.

The list of shareholders receiving dividends was closed on March 21, 2018.

After issuing these shares, the total listed shares of ACB increased from 1.08 billion shares to 1.125 billion shares, thereby, the bank’s chartered capital increased to 11.259 trillion dong. Apart from the 1.08 billion outstanding shares, ACB has 41.4 million Treasury shares.

After dropping sharply in 2012 when the bank’s leaders were in legal trouble, the price of ACB shares did not change much in the period of 2013-2016, and started to rise since the beginning of 2017.

ACB shares set a new high today with a rise of 5.35 percent, to 49,200 dong per share. Compared to the price adjustment at the beginning of the year, ACB shares have increased 39 percent after three months.

 

Category: Finance, Vietnam

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