China Petroleum & Chemical (HK:0386) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
China Petroleum & Chemical Corporation (Sinopec Corp.) has announced its first extraordinary general meeting (EGM) for 2024, which will address key issues such as renewing connected transactions, financial services agreements, and implementing a shareholder dividend distribution plan that promises a payout of at least 65% of net profits, provided certain financial conditions are met. The EGM is scheduled for 22 October 2024 in Beijing. The full details of the resolutions and dividend plan are accessible on the websites of the Shanghai and Hong Kong Stock Exchanges.
For further insights into HK:0386 stock, check out TipRanks’ Stock Analysis page.
