What it is
The company transfers surplus reserves into share capital and distributes the resulting new shares to existing shareholders at no cost.
Example
In a 1-for-1 bonus issue a holder of 100 shares ends up with 200. An ex-rights adjustment roughly halves the price around the record date.
What to keep in mind
Net assets do not change, so the company is worth the same. Liquidity improves and the move can signal ample reserves, but post-adjustment prices often give back the initial excitement.
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This explanation is general information, not investment advice. Rules reflect September 2026 and may change; check official exchange and broker notices.