I.B.C. bonus
independent Broadcasting Company, Ltd, reports that, in the half-year to July 31, net profit increased 73 per cent to $43,675. An increased interim dividend of 9 per cent is payable on October 19, ex dividend October 10. A one-for-four bonus issue of fully paid shares on November 21 is planned, ex bonus on November 22. The new shares will participate equally with old shares in future dividends.
The nominal capital of the company is to be increased to 500,000 by the creation of 250,000 shares of 100 c each.
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Bibliographic details
Press, 28 August 1979, Page 18
Word Count
91I.B.C. bonus Press, 28 August 1979, Page 18
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