monday Investors will get many good opportunities in the stock market starting from . This is because many major companies including Reliance Industries, South Indian Bank and Symphony will trade on ex-dividend. Apart from this, according to NSE data, other companies will have ex-dates for bonus issues and share buybacks. Ex-date is the date when a stock trades without the right to dividend, bonus shares or buyback offer. Due to this, the benefit of this corporate action is not available. In such a situation, if you want to take advantage of the corporate action, then the purchase of the share should be done on a date before this date. This means that the new buyer of the share on or after this date does not have the right to dividend, bonus or buyback payment. Investors must buy the stock before the ex-date before the corporate announcement. Companies declare the beneficiaries of dividend, bonus shares or buyback offer based on the list of investors registered till the end of the record date.
These stocks will trade ex-dividend in the coming week
Reliance Industries: The shares will trade ex-dividend on August 19, 2024 with a dividend of Rs 10 per share.
Man Infraconstruction: Shares will trade ex-dividend on August 19, 2024 with an interim dividend of Rs 0.45 per share.
Action Construction Equipment: The shares will trade ex-dividend on August 19, 2024 with a dividend of Rs 2 per share.
South Indian Bank: Shares will trade ex-dividend on August 20, 2024 with an interim dividend of Rs 0.30 per share.
Vidhi Speciality Food Ingredients: The shares will trade ex-dividend on August 21, 2024 with a dividend of Rs 1 per share.
Symphony: Shares will trade ex-dividend on August 21, 2024 with an interim dividend of Rs 1 per share.
Stock trading ex-date for bonus issue
Central Depository Services (India): The shares will trade on ex-date August 23, 2024 for bonus issue in the ratio of 1:1.
Stock trading ex-date for buyback
Chaman Lal Setia: The shares will trade on ex-date August 19, 2024, with buyback of 2,007,930 fully paid-up equity shares at Rs 300 per share, aggregating to Rs 60.24 crore.
AIA Engineering: Shares will trade on ex-date August 20, 2024 with buyback of 1,000,000 fully paid-up equity shares at Rs 5,000 per share, aggregating to Rs 500 crore.
Symphony: The shares will trade on ex-date August 21, 2024, with buyback of 285,600 equity shares at Rs 2,500 per share, aggregating to Rs 71.40 crore.
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