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ACB – AGM Note – 20190424

Company Note 24/04/2019    289

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  • ACB targets to grow its pre-tax profit by 14% yoy in FY19F.
  • The bank will pay 30% stock dividend for FY18 and start paying cash dividend for FY19.
  • ACB will sell 6.2 million treasury shares to employees as ESOP shares in FY19F.
  • Bancassurance performed well in FY18 and ACB is considering an exclusive bancassurance deal.

Market Price

Target Price

Dividend Yield

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VND29,600

VND39,800

0.00%

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