The company shall be declaring its annual results in January or so and we can expect a bonus issue or buy back announcement coming in.Any which circumstance the share holders will benefit in holding.Cheers for that.

BONUS? RIGHTS? BUYBACK ON OPEN OFFER ?
ONE OF THEM IS A MUST !!!

ASTRA ZENECA is a solid multinational Co
with very strong fundamentals,a sound management ,a rich pipeline of products & a strong thrust on marketing which the Co has recently adopted in India, which will bear fruits shortly.These are not the only reasons for the outperformance of the stock in the short,medium & Long term.

Just consider this...

The passing of the SCRA(Securities Contract Regulation Act),which envisages a mandatory reduction of promoter holding in a listed Co in India, is a foregone conclusion very shortly and as per this, AZ will have to reduce their holding to 75%from the present 90% .This can be done by the co by
1.Issue bonus shares to only non promoter shareholders which is allowed by law.This means they will have to issue 37.5lakhs shares to the existing shareholders.This option is unlikely immediately as they would have to reduce their holdings in tranches of 5 % every year for 3 years from
2010.
2.A rights issue at a dicount to the market price ,which will definitely benifit the minority shareholders,bcos the issue here is to make the rights issue a success to reduce the shareholding.This option is likely
OR
3.Make an OPEN OFFER to the minority shareholders ,mop up the promoter shareholding to above 95% and delisting the shares from the Indian stock exchanges.
This option is also likely

Which ever way you look at the options the co has ,this will benifit the shareholders in this co immensely.Contradicting views to my observations most welcome!
CAVEAT:I HOLD SHARES IN ASTRA ZENECA & WILLCONTINUE TO HOLD THEM FOR LONG