Tianrun Dairy adjusts 2024 dividend payout due to share changes
Xinjiang Tianrun Dairy (SSE:600419) announced an adjustment to its 2024 profit distribution plan due to an increase in the number of shares eligible for dividends. The adjustment, effective after "Tianrun Convertible Bonds" were converted into shares, sees the per-share dividend reduced from CNY 0.021 (inclusive of tax) to CNY 0.02099 (inclusive of tax). The total cash dividend payout remains essentially unchanged at CNY 6,620,322.57 (inclusive of tax), distributed across 315,403,648 shares. The adjustment ensures the total dividend amount aligns with the originally approved distribution of CNY 0.2099 per 10 shares. The company reiterated that it will not distribute bonus shares or increase share capital from capital reserves.
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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