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This website is for professional advisers only.
By clicking the acceptance button below, you are confirming that (i) you are a financial adviser AND (ii) that you have read the website terms of use and agree to be bound by them.
Also known as a scrip issue or a capitalisation issue, this is where shareholders in a company are awarded additional shares or other securities free of payment – for example, a company may give one bonus share for every three shares held. However, the nominal value of the shares does not change.
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