Xinyi Energy Proposes Flexible Scrip Dividend Option

Xinyi Energy Holdings Limited (HK:3868) has released an update.

Xinyi Energy Holdings Limited has announced a scrip dividend scheme option for its interim dividend, allowing shareholders to receive dividends in the form of additional shares instead of cash. The scheme offers the scrip shares at a discounted market value, calculated as 95% of the average closing price over a specific trading period. Shareholders have the flexibility to elect this option, which could potentially increase the company’s total shares by up to 2.99%.

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