Longfor Group Holdings ( (HK:0960) ) has provided an update.
Longfor Group Holdings Limited has announced a scrip dividend scheme for its 2024 interim dividend, allowing shareholders to receive dividends in the form of new shares instead of cash. The market value of the new shares has been set at HK$10.8360, and shareholders have the option to elect for new shares or cash by submitting an election form by March 26, 2025. This initiative is expected to provide flexibility to shareholders and potentially enhance the company’s equity base.
More about Longfor Group Holdings
Longfor Group Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the real estate industry. It focuses on property development, investment, and management, with a significant presence in the Hong Kong market.
YTD Price Performance: -9.52%
Average Trading Volume: 21,800
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $9.42B
For detailed information about 0960 stock, go to TipRanks’ Stock Analysis page.
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