tiprankstipranks
Company Announcements

China Education Group Announces Final Dividend with Scrip Option

Story Highlights
China Education Group Announces Final Dividend with Scrip Option

China Education Group Holdings Limited ( (HK:0839) ) has shared an update.

China Education Group Holdings Limited has announced a final dividend for the year ended 31 August 2024, offering shareholders a cash dividend of RMB 0.1028 per share with an option to receive scrip shares. The dividend will be paid in Hong Kong dollars, with the exchange rate set at RMB 1 to HKD 1.082169. Shareholders have until 18 March 2025 to elect their preferred option, with the payment date set for 26 March 2025. This announcement reflects the company’s commitment to returning value to its shareholders and may impact its financial strategy and stakeholder relations.

More about China Education Group Holdings Limited

China Education Group Holdings Limited operates in the education sector, focusing on providing educational services and management in China. The company is involved in the operation of private higher education institutions and vocational schools, catering to the growing demand for quality education in the region.

YTD Price Performance: -23.01%

Average Trading Volume: 20,581,070

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$6.81B

For detailed information about 0839 stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1