Xinyi Solar Offers Scrip Dividend to Shareholders

Xinyi Solar Holdings (HK:0968) has released an update.

Xinyi Solar Holdings Limited has announced a scrip dividend option for their interim dividend, allowing shareholders to receive new shares instead of cash. The scrip shares’ market value is set at a discounted rate of 95% of the average closing price, calculated over five trading days. If all eligible shareholders opt for scrip shares, this would increase the company’s share count by approximately 3.17%.

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