BYD Co ( (HK:1211) ) has issued an announcement.
BYD Company Limited has announced a bonus issue of shares for the financial year ending December 31, 2024, with a distribution ratio of 8 bonus shares for every 10 existing shares held. This move is likely to enhance shareholder value and reflects the company’s robust financial performance, potentially strengthening its position in the market.
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 global market for sustainable transportation solutions.
YTD Price Performance: 47.43%
Average Trading Volume: 187,958
Technical Sentiment Signal: Strong Sell
Current Market Cap: $147.2B
See more insights into 1211 stock on TipRanks’ Stock Analysis page.