bonus issue; rights issue; stock issued below par
A corporate finance term for issuing new shares at a discount or as a bonus to existing shareholders, often as part of a capital increase. The glosses reflect different contexts: a bonus issue (free shares), a rights issue (offered to existing holders), or selling new stock below face value.
The company raised funds through a bonus stock issue.
A rights issue is one method of allocating new shares to existing shareholders.
増資 is a general term for capital increase, while 抱き合わせ増資 specifically refers to issuing new shares at a discount or as a bonus to existing shareholders.
株式分割 (stock split) increases the number of shares without raising new capital, whereas 抱き合わせ増資 involves issuing new shares to raise funds, often at a discount.
Compound of 抱き合わせ (bundling, combining) and 増資 (capital increase). The term likely originates from the practice of 'bundling' a new share issue with existing shareholder rights, offering shares at a favorable price.