Bonus shares
Some PSX companies reward shareholders with extra shares instead of, or as well as, cash. These have issued the most since listing.
Most bonus shares since listing
How bonus shares work
A bonus issue gives every shareholder extra shares in proportion to what they hold: a 10% bonus (written “10% B” in announcements) gives 1 new share for every 10. The company's value does not change, so the share price falls by about the same proportion on the ex-date. Our charts and returns adjust for this.
Since 2023, 10% of bonus shares are withheld as tax, so companies such as Lucky Cement, Systems, UBL, Bank Alfalah and Millat Tractors now split their shares instead.
Learn more in dividends, bonus shares and rights, or see coming book closures on the events calendar.
Bonus records come from company announcements on the PSX Data Portal and danioPSX research. Some counts before 2021 are not verified. Not investment advice.