define bonus shares.
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Bonus Shares are shares distributed by a company to its current shareholders as fully paid shares free of charge. to capitalise a part of the company's retained earnings for conversion of its share premium account, or distribution of treasury shares. An issue of bonus shares is referred to as a bonus share issue.
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Answer:
Bonus Shares are shares distributed by a company to its current shareholders as fully paid shares free of charge. to capitalise a part of the company's retained earnings for conversion of its share premium account, or distribution of treasury shares. An issue of bonus shares is referred to as a bonus share issue.
Explanation:
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