Trent has declared its inaugural bonus share issue. Shareholders will receive one additional share for every two held as of the record date.
Trent, the parent company of Zudio and Westside, announced the bonus share plan. The record date is set for June 4. Investors must purchase shares by the final eligibility date to qualify for the 1:2 reward. This marks the company's first such corporate action. The move affects shareholders of the Tata Group retail firm. It represents a significant distribution for eligible holders.