State Grid adjusts dividend per share after buyback
State Grid Information & Communication announced an adjustment to its 2024 annual profit distribution, increasing the cash dividend per share from RMB 0.171 to RMB 0.17123.
The change follows completion of a share buyback involving 1,592,125 restricted shares from its 2021 incentive plan. The company's total share capital decreased from 1,201,316,544 shares to 1,199,724,419 shares.
The adjustment ensures total dividend amount remains consistent at approximately RMB 205,428,812.27.
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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