Philip Morris bonus issue
X.Z. Press Assn —Copyright SYDNEY.
Philip Morris (Australia), Ltd, will effectively raise its dividend rate through its fifth bonus share issue within nine years.
Shareholders will be asked to approve a one-for-three bonus issue at a meeting on January 19. They will also be asked to approve an increase of sAust,3om to ssom in authorised capital.
The new shares will bei eligible for a steady interim' dividend of 15 per cent. The dividend will be paid to I shareholders registered on January 19.
Petition filed A petition has been filed in the Supreme Court ati Auckland to wind up New Zealand Mortgage Guarantee Company, Ltd.
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Bibliographic details
Press, Volume CXV, Issue 34031, 20 December 1975, Page 19
Word Count
109Philip Morris bonus issue Press, Volume CXV, Issue 34031, 20 December 1975, Page 19
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