Summary by Futu AI
On August 8, 2024, China Mobile Limited announced that it will distribute a mid-term dividend for the six months ending on June 30, 2024, to all shareholders, at HKD 2.60 per share (including tax), a year-on-year increase of 7.0%. A-share dividends will be paid in RMB, calculated based on the average middle price of HKD against RMB, at RMB 2.3789 per share (including tax). This decision was made based on the authorization of the board of directors at the 2024 Annual Shareholders' Meeting, and was approved at the eighth board of directors meeting in 2024, with 8 votes for, 0 votes against, and 0 abstentions. The company stated that this profit distribution will not have a significant impact on the company's operation cash flow, nor will it affect the normal operation and long-term development of the company. In addition, the proportion of profits distributed in cash for the full year of 2024 as a percentage of shareholders' profits for that year will be further increased compared to 2023, in order to continue creating greater value for shareholders.