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Easy Trip Planners Ltd. has announced a 1:1 bonus share issue, granting shareholders one additional share for each share held. The record date for this issuance is yet to be determined, but the bonus shares are expected to be credited to shareholders' accounts by December 12, 2024.
This marks the company's third bonus issue in recent years, aimed at enhancing shareholder value and capitalizing on free reserves. Despite the announcement, shares of Easy Trip Planners experienced a slight decline in trading.
Citations:
[1] https://www.timesnownews.com/business-economy/companies/easy-trip-planners-announces-11-bonus-issue-know-record-date-and-other-details-article-114213518
[2] https://www.cnbctv18.com/market/easy-trip-planners-share-price-bonus-isse-free-shares-record-date-stock-2024-returns-19492417.htm
[3] https://aliceblueonline.com/stock-market-news/easy-trip-planners-shares-fall-despite-bonus-issue-announcement/
[4] https://www.ndtvprofit.com/business/easy-trip-planners-announces-1-1-bonus-issue-share-price-reacts
[5] https://www.business-standard.com/markets/news/easy-trip-planners-board-approves-issuance-of-bonus-shares-in-1-1-ratio-124101400695_1.html
[6] https://economictimes.indiatimes.com/markets/stocks/news/easy-trip-planners-announces-11-bonus-share-issue/articleshow/114212823.cms
[7] https://economictimes.indiatimes.com/markets/stocks/news/reliance-industries-to-announce-bonus-share-issue-after-board-meeting/articleshow/113078680.cms
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