H World Group (HTHT) has released an update.
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H World Group Limited has declared a cash dividend of $0.063 per share and $0.63 per American Depositary Share, with shareholders on record by August 14, 2024, eligible for the dividend. Consequently, the conversion rate for the company’s 3.00% convertible senior notes due in 2026 has been adjusted from 24.7854 to 25.3341. This adjustment aligns with the indenture terms of the notes and takes effect immediately after the close of business on the dividend record date.
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