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WH Group Considers Special Dividend Post-IPO of Smithfield Foods

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WH Group Considers Special Dividend Post-IPO of Smithfield Foods

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WH Group Limited ( (HK:0288) ) just unveiled an announcement.

WH Group Limited has announced that its board of directors is contemplating the declaration of a special dividend to its shareholders, following the completion of the initial public offering of its subsidiary, Smithfield Food Inc., in January 2025. If approved, the decision will be formalized by a board resolution around February 28, 2025, indicating a potential financial benefit to stakeholders, though shareholders and investors are advised to remain cautious.

More about WH Group Limited

WH Group Limited is a multinational corporation incorporated in the Cayman Islands, primarily engaged in the meat processing industry, with significant operations and a market focus in Hong Kong.

YTD Price Performance: 0.26%

Average Trading Volume: 3,643

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $9.82B

See more insights into 0288 stock on TipRanks’ Stock Analysis page.

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