News Topical, Digital Desk : Next week, eight companies have record dates for corporate actions. This means that next week will determine which investors will benefit from these corporate actions. One of these companies has announced a stock split with a bonus, while another has also announced a stock split. One has also announced a dividend. Take a look at which companies have record dates for corporate actions next week.
The record dates for these companies are nearing.
Bharat Rasayan Ltd. has announced a bonus to its investors and a stock split. The record date for both these actions is December 12th. The company will offer one bonus share for every one held. Additionally, it will split shares with a face value of ₹10 into shares with a face value of ₹5 each. Mrs. Bectors Food Specialities Ltd. has also announced a stock split. The company will split shares with a face value of ₹10 into shares with a face value of ₹2 each, with a record date of December 12th. Modison Ltd. has also announced a dividend, with a record date of December 8th. The company will pay investors a dividend of ₹2.5 per share. The record date for share buybacks for two companies, Nureca Ltd and VLS Finance Ltd, is December 12th.
What should investors do? The benefits of corporate action cease with the record date, and the stock is affected accordingly. However, keep in mind that investment decisions are not based solely on corporate action. Company performance and share prices are crucial for investing. Investors already holding stocks can decide whether to take advantage of the impact on the stock with the announcement of corporate action before the record date or take advantage of the corporate action after the record date. They can consult an expert for this.
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