Shandong Hi-Speed Road & Bridge announces Q3 dividend, convertible bond adjustment
Shandong Hi-Speed Road & Bridge announced a cash dividend of RMB 0.12 per 10 shares (tax inclusive) for its 2025 third quarter. This is based on a total share capital of 1,543,281,012 shares after excluding repurchased shares, bringing the total cash dividend to RMB 18,519,372.14. This distribution will not include bonus shares or capitalization from the capital reserve. The equity registration date is December 23, 2025, with the ex-dividend date set for December 24, 2025.
As a result of this cash dividend, the conversion price of the company's "Yonglu Convertible Bond" (code: 127083) will be adjusted. Effective December 24, 2025, the conversion price will change from RMB 7.62 per share to RMB 7.61 per share. This adjustment ensures alignment with the terms for convertible bonds following dividend distributions.
The board of directors approved this 2025 third quarter equity distribution on October 30, 2025. This decision, along with the subsequent conversion price adjustment, follows the authorization granted by the 2024 annual general meeting held on May 19, 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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