explain bonus share
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Explanation:
Bonus shares are additional shares given to the current shareholders without any additional cost, based upon the number of shares that a shareholder owns. ... Companies issue bonus shares to encourage retail participation and increase their equity base.
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↪Bonus shares are additional shares given to the current shareholders without any additional cost, based upon the number of shares that a shareholder owns.
↪These are company's accumulated earnings which are not given out in the form of dividends, but are converted into free shares.
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