share_log

Lufax | 6-K: Lufax Declares $1.21 Per Share Special Dividend

SEC ·  Jun 12 21:06

Summary by Futu AI

Lufax Holding Ltd, a leading financial services company, announced a Scrip Dividend Scheme in relation to a special dividend on June 12, 2024. The scheme allows shareholders to receive the special dividend either in cash or in the form of new shares or American Depositary Shares (ADSs). The special dividend, approved at the Annual General Meeting on May 30, 2024, is set at US$1.21 per share or US$2.42 per ADS. Shareholders registered by the HK Record Date and US Record Date, both on June 4, 2024, are eligible to participate. The Scrip Dividend Scheme offers flexibility to shareholders, enabling them to increase their holdings without additional costs, while also retaining capital for Lufax. The new shares and ADSs will rank pari passu with existing ones, except...Show More
Lufax Holding Ltd, a leading financial services company, announced a Scrip Dividend Scheme in relation to a special dividend on June 12, 2024. The scheme allows shareholders to receive the special dividend either in cash or in the form of new shares or American Depositary Shares (ADSs). The special dividend, approved at the Annual General Meeting on May 30, 2024, is set at US$1.21 per share or US$2.42 per ADS. Shareholders registered by the HK Record Date and US Record Date, both on June 4, 2024, are eligible to participate. The Scrip Dividend Scheme offers flexibility to shareholders, enabling them to increase their holdings without additional costs, while also retaining capital for Lufax. The new shares and ADSs will rank pari passu with existing ones, except for entitlement to the special dividend. The scheme is expected to result in the issuance of approximately 1,231,559,884 new shares if all shareholders elect to receive the dividend in shares. The company has made necessary applications for the listing of the new shares and ADSs on the Stock Exchange of Hong Kong Limited and the New York Stock Exchange, respectively. The special dividend is payable from the Share Premium Account and is subject to the terms of the Deposit Agreement, including applicable fees, expenses, and taxes.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.