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China Edu Group (00839.HK) has completed the issuance of 95.4785 million dividend shares.
On July 18th, Gelunhui reported that China Edu Group (00839.HK) will issue 95.4785 million dividend shares based on the half-year dividend plan calculated by shares on July 18, 2024, ending on February 29, 2024.
HK stock abnormal fluctuation: China Edu Group (00839) rose more than 4% in the afternoon, indicating a turning point in higher education from multiple perspectives. The company may increase its dividend payout ratio.
China Edu Group (00839) rose more than 4% in the final trading period. As of press time, it increased by 3.84% to HKD 4.33 with a turnover of HKD 24.1078 million.
Intraday Quick View: Hang Seng Index down about 1.4%, with the biotechnology, internal housing and other sectors trending lower.
Harbour transportation stocks fell, with Cosco Shipping Holdings dropping more than 7%; NIO Inc fell more than 4%, and Feng Wei resigned as NIO's chief financial officer; UBTech Education fell more than 11%, marking the second consecutive day of significant decline.
China Education Group's Co-Chairmen Retire; Successors Named
China Edu Group (00839.HK): Both Yu Kai and Wang Rui have been appointed as co-chairmen.
China Edu Group (00839.HK) announced that Yu Guoji and Xie Ketao, due to their age and plans to spend more time with their families, (i) have informed the board of directors of their retirement plan and will retire as executive directors, co-chairmen of the board of directors, and chairmen of the nomination committee, respectively; and (ii) Xie has also informed the board of directors of his retirement plan and will retire as executive director and co-chairman, effective from June 27, 2024. The current executive director and CEO, Yu Kai, and the current executive director, Wang Rui, have been appointed as co-chairmen of the board of directors, effective from June 27, 2024.
China Edu Group (00839) will distribute a mid-term dividend of HKD 0.1877 per share on July 18th.
China Edu Group (00839) announced that it will distribute a mid-year dividend of HKD 0.1877 per share on July 18, 2024.
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