Sany Heavy Industry proposes cash dividend, plans share repurchases
Sany Heavy Industry (SSE:600031) announced its 2024 earnings and proposed distribution plan alongside updates to its financial strategy. The board recommends a cash dividend of CNY 0.36 per share, totaling CNY 3,034.37 million, pending shareholder approval. This represents a significant portion of the year's net profit, reflecting the company's commitment to returning value. If approved, shareholders of record on the distribution equity registration date will receive CNY 0.36 per share. The actual implementation of dividend and share repurchase plan will depend on the subsequent general meetings approval.
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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