Celltrion Announces Bonus Issue of 0.04 Shares per Share
"Enhancing Shareholder Value"
Celltrion announced on the 26th that it will conduct a bonus issue as a measure to enhance shareholder value. This bonus issue will be carried out by granting 0.04 new shares free of charge for each common share held by shareholders.
The total number of new shares to be issued amounts to 8,477,626. The newly issued shares will be allocated based on the shareholder register as of June 10, and are scheduled to be listed on July 25. The scale of this new share issuance was calculated by reflecting the treasury shares previously acquired by the company.
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A Celltrion representative explained, "Shareholders are expected to receive a stock dividend benefit of approximately 4%."
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