Summary by Futu AI
Ping An Insurance (Group) Co., Ltd. announced that it will distribute a cash dividend of RMB 0.93 per share (tax included) in mid-2024. The plan was approved by the board of directors on August 22, 2024 and endorsed by the supervisory board. The total amount of dividends is expected to be RMB 16,840,107,055.35, with no significant impact on the company's solvency. In addition, on the same day, the company announced that the conversion price of H-share convertible bonds will be adjusted from HKD 43.71 per H-share to HKD 42.61. The tentative record date for A-shares is October 17, 2024, and the tentative ex-dividend date and tentative cash dividend payment date are both October 18, 2024.