Sinopharm updates final dividend distribution details for 2024
Sinopharm Group Co. Ltd. (HKEX:1099) has updated its announcement concerning the proposed distribution of the final dividend for the financial year ending December 31, 2024. The company has declared a final dividend of RMB 0.68 per share, to be paid as HKD 0.739 per share based on an exchange rate of RMB 1: HKD 1.087. The ex-dividend date is set for June 16, 2025, with a record date of June 23, 2025. Shareholders must lodge transfer documents by June 17, 2025, to be eligible for the dividend. The book close period will run from June 18, 2025, to June 23, 2025, and the payment date is scheduled for August 12, 2025. The announcement also provides details on withholding tax rates applicable to different types of shareholders, including non-resident enterprises and individuals, as well as Mainland investors participating through the Shanghai and Shenzhen Hong Kong Stock Connect programs. The dividend was approved on June 12, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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