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Meitu Announces Potential Special Dividend from Share Premium Account

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Meitu Announces Potential Special Dividend from Share Premium Account

Meitu ( (HK:1357) ) has provided an update.

Meitu, Inc. has announced a board meeting scheduled for January 16, 2025, to discuss the recommendation of a Special Dividend payment of approximately HK$0.109 per share from the Share Premium Account. The dividend payment is contingent upon shareholder approval at a general meeting and the assurance that the company can meet its financial obligations post-payment. If approved, the dividend is expected to be distributed in February or March 2025, highlighting Meitu’s strategic use of proceeds from cryptocurrency disposals to benefit shareholders.

More about Meitu

Meitu, Inc. is a company incorporated in the Cayman Islands with limited liability, operating in Hong Kong under the name ‘美圖之家’. It is known for its focus on technology and digital services, particularly in the realm of image processing and social media applications.

YTD Price Performance: -4.21%

Average Trading Volume: 5,767

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.65B

For a thorough assessment of 1357 stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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