DBS Has Underwent 1 for 10 Bonus Issue on Ex-date 22nd April

TigerNews SG04-23

DBS has underwent a bonus issue on the basis of 1 bonus share for every 10 existing shares on ex-date 22nd April 2024, Monday.

The lender said during its FY2024 fourth quarter results that it would issue a share for every 10 shares held, in a bid to boost shareholder returns. After adjusting for the bonus issue, DBS shares closed 2.9 per cent or S$0.97 higher on Monday.

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