An issuer distributes two pari passu shares for every one held by investors. If an investor...
An issuer distributes two pari passu shares for every one held by investors. If an investor holds 75000 valued at R80 per share, what will their overall shareholding be after the bonus issue?
37 500
150 000
225 000
300 000
Homework Answers
Bonus Shares = 75000 * 2/1
= 150000
Overall Shareholding = 75000 + 150000
= 225000 shares
Option C is correct.
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