Summary by Futu AI
Alibaba Group Holdings Limited (stock code: 09988) issued a new announcement on 14 May 2024 announcing that it will distribute the final ordinary dividend on 31 March 2024. The dividend is $0.125 per share and will be distributed on July 3, 2024. Shareholders are required to submit share transfer documents by the record date of June 13, 2024 in order to qualify for dividend distributions. The net division is scheduled for June 12, 2024. THIS DIVIDEND DISTRIBUTION DOES NOT INVOLVE DEDUCTION OF INCOME TAX. Alibaba's Board members include Chairman of the Board, Mr. Tsai Chung-shin, etc., and Mr. Yang, an independent director.