Answer: Bonus shares are additional shares given to the current shareholders without any additional cost base upon the number of shares that a shareholder owns. These are company's accumulated earnings which are not given out in the form of dividends, but are converted into free shares.
Bonus shares are additional shares given to the current shareholders without any additional cost base upon the number of shares that a shareholder owns. These are company's accumulated earnings which are not given out in the form of dividends, but are converted into free shares. Source: CoolInterview.com
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