Question

Write a word or a term or a phrase which can substitute each of the following

statements.

1. Shares given free of cost to the existing equity shareholders.​

Answer 1

Answer:

1. A bonus issue, also known as a scrip issue or a capitalization issue, is an offer of free additional shares to existing shareholders. A company may decide to distribute further shares as an alternative to increasing the dividend payout. For example, a company may give one bonus share for every five shares held.

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