FPT Sets September 22 Record Date for 10% Bonus Share Issue on HOSE

Overview

FPT Corp (HOSE: FPT) has fixed September 22 as the record date for a bonus share issue of more than 171 million shares to existing shareholders, executed at a 10% ratio. The issuance will raise charter capital from over VND 17,143 billion to nearly VND 18,858 billion, and the stock rose to a three-month high of VND 74,200 per share on the disclosure.

Key Facts

• Record date for the bonus share issue: September 22.
• Issue size: more than 171 million new shares, a 10% ratio, meaning shareholders receive 10 new shares for every 100 held.
• New shares carry no transfer restrictions.
• Charter capital rises from over VND 17,143 billion to nearly VND 18,858 billion after issuance.
• H1 2026 revenue reached VND 26,269 billion, up 12.6% year-on-year; pre-tax profit was VND 5,714 billion, up 18.1%.
• Profit after tax attributable to the parent reached VND 5,055 billion, up 14.1%, with EPS of VND 2,967, up 13.4%.
• The Technology block contributed 88% of group revenue (VND 23,138 billion) and 58% of pre-tax profit (VND 3,314 billion).
• FPT shares traded at VND 74,200 intraday on September 10, a three-month high, implying market capitalization of about VND 126,500 billion.

What Happened

FPT Corp announced that September 22 will be the final registration date to close the shareholder list for its bonus share issuance, according to the company’s disclosure. The plan covers more than 171 million shares distributed to existing shareholders at a 10% exercise ratio, with the additional shares free of transfer restrictions. Following completion, FPT’s charter capital will increase from more than VND 17,143 billion to nearly VND 18,858 billion.

The announcement accompanied a business update for the first six months of 2026. FPT reported revenue of VND 26,269 billion and pre-tax profit of VND 5,714 billion, increases of 12.6% and 18.1% respectively over the same period last year. Profit after tax for the parent company’s shareholders reached VND 5,055 billion, up 14.1%, while EPS rose 13.4% to VND 2,967. The Technology block, spanning domestic and overseas IT services, generated VND 23,138 billion in revenue and VND 3,314 billion in pre-tax profit, contributing 88% of group revenue and 58% of pre-tax profit. Overseas IT services revenue grew 13.4% to VND 18,902 billion, led by Japan at 24.4% growth, while new signings in the segment reached VND 26,338 billion, up 32.3% year-on-year.

Market Context

On HOSE, FPT closed at VND 74,000 on September 10, up 1.80% on volume of 3,853,400 shares, after touching VND 74,200 intraday, its highest level in three months. The stock has been recovering from a late-July trough, and the corresponding market capitalization of roughly VND 126,500 billion keeps FPT among the largest technology names on the exchange. The rebound comes as the broader Vietnamese market has stabilized, with technology and export-oriented services drawing attention for their earnings visibility relative to domestic cyclical sectors.

Strategic Significance

A 10% bonus issue is a capitalization move rather than a cash return, but for FPT it serves two purposes: it broadens the share count to improve liquidity and keeps the nominal share price accessible to retail investors after a multi-year re-rating. The more consequential signal is the underlying earnings mix. Overseas IT services now drive the bulk of group profitability, and the 32.3% jump in new signings, alongside 14 contracts worth more than USD 10 million each, points to a durable order book rather than a one-quarter rebound. Japan’s 24.4% growth reduces reliance on any single Western market and supports the thesis that FPT can compound revenue at a low-double-digit pace while expanding margins in higher-value digital transformation work.

What to Watch

• Confirmation of the final shareholder list and the official issuance and listing date for the new shares.
• Q3 2026 results for further evidence that new signings convert into revenue.
• Growth in the Japanese and other overseas IT services markets, particularly whether the 24.4% pace holds.
• Any update on the Technology block’s profit contribution, currently 58% of group pre-tax profit.
• Foreign-ownership room and liquidity trends following the share count increase.