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Shares of Coastal Corporation will turn ex-bonus on Wednesday. The company is rewarding its shareholders with three bonus shares for every one held. Investors wishing to receive the bonus shares need to own the company's shares by Tuesday, as the company has fixed the record date as May 24 (Thursday). Earlier in 2015, Coastal Corporation had rewarded its shareholders with 1:1 bonus. Currently, a little over 1,022 retail investors hold 21.34 per cent stake in the company.
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