ITC bonus history dates back to 1980, when the company first issued bonus shares. In this post, we will look at all the bonus shares ITC has issued since starting in 1980.
ITC Bonus History Table
As shown in the above table, the company started giving out bonuses in 1980 in the ratio of 1:5. In the period before 2000, ITC announced bonus shares four times, followed by three more issues after 2000, totaling seven bonus announcements since 1980. Its most recent or last bonus issue was in 2016, with a ratio of 1:2. Since 1980, ITC has consistently shared its success with shareholders through regular bonus issues.
Also Read: Infosys Bonus History
ITC is one of India’s leading multi-business conglomerates with a diversified presence across several industries, including FMCG, hotels, paperboards and packaging, agribusiness, and information technology. Founded in 1910 as the Imperial Tobacco Company of India Limited, ITC has grown from its tobacco roots to a 5.89 trillion Rupees company.
Headquartered in Kolkata, ITC has a strong portfolio of consumer brands in FMCG, including Aashirvaad, Sunfeast, Fiama, Vivel, and Classmate. According to Fortune Magazine, ITC is among the World’s Most Admired Companies. Its businesses reflect a commitment to sustainability, community development, and creating value for the nation.
Frequently Asked Question
The bonus ratio 1:2 means that for every share held, shareholders received two additional bonus shares. So if an investor held 100 shares, they would get 200 more as a bonus. This doubles the total number of shareholder shares without requiring any additional investment.
There is no announcement yet from ITC regarding bonus shares for 2023. The last bonus issue by ITC was in 2016 in the ratio of 1:2.