Increasing the Company's Capital through Stock Dividends
Name of service
Increasing the Company's Capital through Stock Dividends
Division
Listing
Recipients of Service
Listed Public Shareholding Companies
Available Forms to Perform Service
None
Service Description
Listing the company’s share -increase resulting from capitalization of retained earnings or/and issuance premium or/and the voluntary reserves or/and the special reserves and distribute it to existing shareholders as bonus shares. These shares shall be listed on the sixteenth day of the date of the JSC approval on the registration of those shares.
Requirements and Conditions of Service
JSC approval on the registration of shares.
Required Documents
None
Steps and procedures for implementing the service
- Receiving the approval of the Board of Commissioners of the Jordan Securities Commission on increasing the capital through stock dividends.
- At the end of the fifteenth day of the JSC approval on listing securities, a reference price will be calculated for the company’s share.
- Listing the capital increase shares on the sixteenth day of the date of the JSC approval on the registration of increased shares
Service Fees
(0.0004) of the face value of the increase shares. Where, the collected fees with the annual listing fees should not exceed JD (3000) a year.
Approximate Time for Completing the Service
Listing the increase shares. on the sixteenth day of the date of the JSC approval on the registration of increase shares
Contact Details
Listing and Operations Dept. / The ASE
- Phone: 0096265664109
- 1300/1301/1302/1308
- Email: listing@ase.com.jo