Summary by Futu AI
On June 19, 2024, Samsonite International S.A. (the "Company") announced that, upon the recommendation of the Board of Directors, it would distribute a total cash distribution of USD 150 million from its special distributable reserve to shareholders, which was approved at the annual general meeting of shareholders held on June 6, 2024. The amount of the dividend per share is approximately USD 0.1034 (pre-tax) or approximately USD 0.0872 (post-tax). The dividend will be payable on July 16, 2024. Hong Kong shareholders will receive the dividend in HKD, equivalent to approximately HKD 0.7982 (pre-tax) or approximately HKD 0.6785 (post-tax) per share, calculated based on an exchange rate of USD 1 to HKD 7.7805. Shareholders should seek independent professional advice on the procedures and timing for obtaining refunds of withholding tax from Luxembourg or offsetting taxes.