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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With B
  5. Bonus Issue

Bonus Issue

Definition of 'Bonus Issue'

A free issue of shares to a company’s existing shareholders. No money changes hands and the share price falls pro rata. It is a cosmetic exercise to make the shares more marketable. Also known as a capitalisation or scrip issue.

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Related Terms

Capitalisation IssueBenefit DistributionBonusChildrens Bonus BondsBook-BuildingDeep Discounted Rights IssueLead ManagerOffer for SubscriptionPathfinder ProspectusSponsorUnderwriteUnderwritingAcceptanceAcceptance CreditAllotmentAllotment LetterAuthorised Share CapitalAuthorized Share CapitalBallotBook/Box

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