Significance of share transfer:
(1) With the increase of share capital, the net assets per share and earnings per share are diluted.
(2) Circulation shareholders will not get actual benefits, but after the stock price is lowered, it will be beneficial to speculation.
The significance of stock issuance:
(1) The company issues new shares for free and expands its share capital.
(2) What is saved is not cash dividends, but cash outflows.
(3) The stock price will have the effect of ex-rights.
Extended data:
similar
1. Share delivery means that the listed company keeps the profits of this year in the company and issues shares as dividends, thus converting the profits into equity. After the issuance of shares, the total structure of the company's assets, liabilities and shareholders' equity has not changed, but the total share capital has increased and the net assets per share have decreased. Transfer to share capital refers to the company's transfer of capital reserve to share capital. Transfer of share capital does not change shareholders' rights and interests, but increases the size of share capital, so the objective result is similar to rights issue.
2. They all have the following procedures:
On the registration day, the stock holders are confirmed to enjoy bonus shares or share transfer at the close of trading.
Ex-dividend date, ex-dividend of the closing price of the previous day, the stock price naturally changes. This is called ex-dividend.
Date of listing of bonus shares (share capital). From this day on, you can only go public and trade if you enjoy bonus shares or share transfer.
Baidu encyclopedia-share transfer