Summary by Futu AI
ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) has announced that certain shareholders may be eligible for a reduced Israeli withholding tax rate on a dividend scheduled for distribution on June 11, 2024. This follows a tax ruling extension from the Israeli Tax Authority. Shareholders of record on June 4, 2024, will receive the dividend, which was previously declared on May 21, 2024. The company has appointed IBI Trust Management as the agent to handle the reduced tax withholding process. Shareholders must submit the required documentation by July 7, 2024, to qualify for the reduced rate. The company has provided necessary forms and details on its website and in its SEC filings. ZIM emphasizes that this does not guarantee future dividends and advises shareholders to consult with tax advisors regarding their individual situations.