BROKEN HILL PROPRIETARY
BONUS SHARE ISSUE (United Press Association) (By Electric Telegraph—Copyright) SYDNEY, Aug. 25. (Received Aug. 26, at 0,45 a.m.) The explanation of the steep rise in Broken Hill Proprietary shares to-day was found in the announcement from Melbourne of a bonus share issue involving capitalisation of £4,459.790, which represents the second largest made in Australia. The announcement was made at the annual meeting and the issue will be in the proportion of about 64 shares to every 100 held. Shareholders were taken by surprise, the impression being that the company would probably make a new issue of capital in view of its expanding activities. ■ ■
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Otago Daily Times, Issue 23897, 26 August 1939, Page 19
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106BROKEN HILL PROPRIETARY Otago Daily Times, Issue 23897, 26 August 1939, Page 19
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