Summary by Futu AI
Postal Savings Bank of China ("the Bank") announced on September 30, 2024, that its board of directors has reviewed and approved the 2024 interim profit distribution plan, which will be submitted to the shareholders' meeting for approval. According to the plan, the Bank plans to distribute a mid-year cash dividend of RMB 1.477 per 10 shares to shareholders registered on the record date with a total share capital of 99,161,076,038 shares, totaling RMB 14.646 billion, accounting for 30% of the net profit for the first half of 2024. If approved by the shareholders' meeting, A-share and H-share shareholders will receive dividends on January 8 and January 24, 2025, respectively. The transfer registration of H shares will be suspended from January 2 to 7, 2025. Details on dividend-related taxes and exemptions will be announced separately.