FPT Bonus Share Issue: 171 Million Shares, 10% Ratio, Record Date Sept 22

Overview

FPT Corporation (HOSE: FPT) has set September 22 as the record date for a bonus share issuance of more than 171 million shares to existing shareholders, at an exercise ratio of 10%. The issuance will raise FPT’s charter capital from over VND 17,143 billion to nearly VND 18,858 billion, making it the company’s largest share-count increase of the year.

Key Facts

• Record date for shareholder list finalization: September 22.
• Issuance size: more than 171 million bonus shares.
• Exercise ratio: 10%, meaning shareholders holding 100 shares receive 10 new shares.
• New shares carry no transfer restriction.
• Charter capital rises from over VND 17,143 billion to nearly VND 18,858 billion.
• In May 2025, FPT paid a 10% cash dividend, completing a 2025 distribution plan of 20% cash dividend after a 10% interim payment.
• In June 2025, FPT issued nearly 10.8 million ESOP shares, including 8.5 million for employees and 2.3 million for senior managers for 2026, lifting charter capital to VND 17,143 billion.
• H1 2026 results: net revenue of VND 26,269 billion (+13% year on year) and after-tax profit of VND 5,714 billion (+18%).

What Happened

FPT Corporation announced that September 22 will be the last registration date to finalize the shareholder list for the right to receive bonus shares, according to the company’s disclosure. Under the plan, FPT will issue more than 171 million shares to existing shareholders at a 10% exercise ratio. The new shares are not subject to transfer restrictions.

Once completed, FPT’s charter capital will increase from more than VND 17,143 billion to nearly VND 18,858 billion. The bonus issue follows a series of capital actions this year: a 10% cash dividend paid in May 2025 that completed a 20% cash dividend plan for 2025, and a June 2025 ESOP issuance of nearly 10.8 million shares, of which 8.5 million went to employees with 2025 contributions and 2.3 million to senior managers for 2026. The article does not state the exact implementation or listing date for the new bonus shares.

Market Context

FPT closed at VND 74,500 on September 10, 2026, on the Ho Chi Minh Stock Exchange (HOSE). The bonus issue is the latest in a sequence of shareholder-return and capital-raising moves that have kept FPT among the most closely followed technology names on the Vietnamese market. The company’s H1 2026 results showed the Technology block, spanning domestic and overseas IT services, contributing 88% of group revenue and 58% of pre-tax profit, with overseas IT services revenue of VND 18,902 billion, up 13%, led by Japan at VND 8,927 billion, up 22%. New overseas IT services signings reached VND 26,338 billion in H1, up 32%, including 14 large projects each worth over USD 10 million.

Strategic Significance

A 10% bonus issue is a capitalization move rather than a cash return, and it broadens FPT’s share base without diluting existing holders’ proportional ownership. For long-term investors, the relevant signal is the pairing of a 20% cash dividend plan with a bonus share issuance and an ESOP program, which suggests management is balancing cash returns against retaining capital for growth. The overseas IT services backlog, particularly the 32% rise in new signings and the 14 large contracts, is the operating engine that underpins the capital story. The absence of a transfer restriction on the new shares means the float will expand immediately upon listing, which matters for index weighting and liquidity.

What to Watch

• The exact implementation and listing date for the more than 171 million bonus shares, which the announcement does not yet specify.
• Q3 2026 earnings, to confirm whether overseas IT services signings continue to convert into revenue at the H1 pace.
• Further disclosure on the Japan market, which grew 22% in H1 and is the largest single overseas contributor.
• Any additional capital actions in 2026, following the May cash dividend and June ESOP issuance.
• Foreign-ownership room and index-related adjustments once the new shares are listed.