Raycus Laser announces 2024 Q3 equity distribution

Wuhan Raycus Fiber Laser Technologies (SZSE:300747) announced its equity distribution plan for the first three quarters of 2024, approved at the January 24, 2025, shareholders' meeting. The company will distribute a cash dividend of RMB 0.32 (inclusive of tax) per 10 shares, based on a total share capital of 564,821,828 shares, amounting to a total distribution of RMB 18,074,298.50. The equity registration date is set for March 10, 2025, with the ex-dividend date on March 11, 2025. Dividend payments to A-share shareholders through China Securities Depository and Clearing Corporation Shenzhen Branch. The company also noted adjustments to the reduction of its minimum stock price.