Summary by Futu AI
THE INDUSTRIAL AND COMMERCIAL BANK OF CHINA (ICBC) ANNOUNCED ON 27 MARCH 2024 ITS 2023 PROFIT DISTRIBUTION PLAN, PROPOSING TO DISTRIBUTE A DIVIDEND OF RMB 0.3064 PER COMMON SHARE (TAX INCLUDED), BASED ON 356,406,257,089 SHARES OF COMMON STOCK AS A BASIC DIVIDEND. The plan is subject to submission to the General Meeting for later adoption. The A share dividend is scheduled for July 16, 2024, and the H share dividend date is August 19, 2024. In addition, the Commercial Bank will offer H equity investors a choice of RMB dividend currency. In 2023, the Bank of Commerce decided not to carry out capital increases in the Capital Provident Fund. THE DISTRIBUTION PLAN HAS BEEN AUDITED BY DEQIN HUAYONG ACCOUNTANTS FIRM AND DEQIN GUAN WANG CHAN FANG ACCOUNTING FIRM AND APPROVED BY THE BOARD OF DIRECTORS AND SUPERVISORS.