To VFTRADER, I am not sure. From my understanding, Share capital and Retained Earnings are 2 different things although they sound the same. RE should be used for paying dividends or reinvesting in the future in assets, or as a reserve to pay off debt.

To NorazmiAR, improving Financial ratios is the most "noticeable" impact ~~ Of course, there are reasons behind this. Still, the public may not be informed because it may relate to the Company's plan for the future, forecast and etc.
The number of shares in the stock market may also be reduced as well.

analysis backed with theory and applies to real cases. Nice piece!

Announced interim dividend. Any comments?