PAN Group to issue nearly 41.8 million bonus shares

PAN Group to issue nearly 41.8 million bonus shares

PAN Group plans to issue nearly 41.8 million bonus shares to existing shareholders as part of a capital increase from equity sources, according to a recent announcement by the company.

PAN Group's net after-tax profit surged to more than VNĐ670 billion, 3.4 times higher than the same period last year. — Photo courtesy of the company

PAN Group plans to issue nearly 41.8 million bonus shares to existing shareholders as part of a capital increase from equity sources, according to a recent announcement by the company, as it moves to strengthen its capital base alongside solid earnings growth.

The company said on Friday it had received confirmation from the State Securities Commission of Việt Nam that the regulator had accepted all required documents related to the share issuance plan.

Under the plan, PAN Group will issue nearly 41.8 million bonus shares at a ratio of 100:20, meaning shareholders holding 100 shares will receive an additional 20 shares. The new shares will not be subject to transfer restrictions.

The total issuance value, calculated at par value, is estimated at nearly VNĐ417.8 billion. Funding for the issuance will come from share premium surplus recorded in PAN Group’s audited separate financial statements for 2025.

The issuance is expected to take place in the second or third quarter of 2026, following approval and confirmation from relevant authorities in accordance with regulations.

If completed, PAN Group’s charter capital will increase from more than VNĐ2.16 trillion to nearly VNĐ2.58 trillion.

Alongside the share issuance plan, the group will also pay an advance cash dividend for 2026 at a rate of 30 per cent, equivalent to VNĐ3,000 per share.

June 1 has been set as the record date for shareholders to receive both the bonus shares and cash dividend, while dividend payments are expected to be made on July 18.

First-quarter profit jumps 3.4 times

According to PAN Group’s consolidated financial statements for the first quarter of 2026, the company posted net revenue of more than VNĐ3.77 trillion, down 8.6 per cent year-on-year.

However, after taxes and expenses, net profit after tax surged to more than VNĐ670 billion, 3.4 times higher than the same period last year.

For 2026, PAN Group targets consolidated net revenue of VNĐ18 trillion and consolidated after-tax profit of VNĐ1.78 trillion.

Following the first quarter, the company has achieved 20.9 per cent of its annual revenue target and 37.6 per cent of its full-year profit target.

As of March 31, PAN Group’s total assets stood at more than VNĐ15.2 trillion, down VNĐ380.7 billion compared with the beginning of the year. Total liabilities fell 14.4 per cent from the start of the year to nearly VNĐ5.58 trillion. 

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