CITIC Securities Co (HK:6030) has released an update.
CITIC Securities Co has unanimously passed a resolution for the 2024 interim profit distribution, with the Board of Directors agreeing to a cash dividend payout that will not exceed 40% of net profits. The company will base the distribution on the first half of 2024’s audited financials, ensuring distributable profits are available. Details on the implementation of the dividend distribution plan will be discussed at the upcoming Annual General Meeting.
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