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BYD Co ( (HK:1211) ) has provided an update.
BYD Company Limited has announced an update regarding its bonus issue of shares for the financial year ending December 31, 2024. Shareholders will receive 8 bonus shares for every 10 shares held, with the distribution approved on June 6, 2025, and the first date of dealing in the bonus shares set for July 30, 2025. The announcement also details withholding tax implications for different types of shareholders, with specific tax rates applied to non-resident enterprises and domestic investors involved in Southbound Trading. This bonus issue is likely to impact BYD’s shareholder value and market positioning, reflecting the company’s robust financial performance and commitment to rewarding its investors.
More about BYD Co
BYD Company Limited operates in the automotive and electronics industries, primarily focusing on the production of electric vehicles and rechargeable batteries. The company is a significant player in the electric vehicle market, targeting both domestic and international markets.
Average Trading Volume: 16,272,503
Technical Sentiment Signal: Buy
Current Market Cap: HK$1170.7B
Find detailed analytics on 1211 stock on TipRanks’ Stock Analysis page.