CMB (03968) announced that the 2023 annual shareholder meeting will be held on June 25, 2024, where the 2023 profit distribution plan will be approved. The company will distribute cash dividends of RMB 1.972 per share (tax included) to A-share and H-share shareholders registered as of the respective equity registration day's business closing time. A-share shareholders will receive RMB 1.972 per share in cash, while H-share shareholders will receive approximately HKD 2.162044 per share (tax included) and will be paid in HKD, calculated based on the average benchmark exchange rate of RMB to HKD published by the People's Bank of China one week before the dividend declaration date (including the date of the 2023 annual shareholder meeting) of the company, which is 1 HKD to 0.9121 RMB.
CMB (03968) announced that the 2023 annual shareholder meeting will be held on June 25, 2024, where the 2023 profit distribution plan will be approved. The company will distribute cash dividends of RMB 1.972 per share (tax included) to A-share and H-share shareholders registered as of the respective equity registration day's business closing time. A-share shareholders will receive RMB 1.972 per share in cash, while H-share shareholders will receive approximately HKD 2.162044 per share (tax included) and will be paid in HKD, calculated based on the average benchmark exchange rate of RMB to HKD published by the People's Bank of China one week before the dividend declaration date (including the date of the 2023 annual shareholder meeting) of the company, which is 1 HKD to 0.9121 RMB.
CM Bank's H-share dividend agent, CMB Longrun Trust Co., Ltd., is expected to pay dividends for the 2023 fiscal year to the company's H-share shareholders (excluding relevant taxes) around August 6, 2024. The dividend cheques will be sent to the H-shareholders by ordinary mail, and any risks of delay or losses during mailing will be borne by the recipient.