Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An announcement from BYD Co ( (HK:1211) ) is now available.
BYD Company Limited has announced a revised 2024 Profit Distribution Plan and Capital Reserve Capitalization Plan. The new plan includes a cash dividend distribution of RMB39.74 per 10 shares, issuance of bonus shares, and capitalization shares, significantly increasing the total number of shares. This strategic move aims to enhance shareholder value and strengthen BYD’s market position, pending necessary approvals and compliance with legal requirements.
More about BYD Co
BYD Company Limited is a joint stock company incorporated in the People’s Republic of China, operating in the automotive and electronics industries. It is known for its electric vehicles, rechargeable batteries, and renewable energy solutions, focusing on sustainable and innovative technologies.
YTD Price Performance: 37.15%
Average Trading Volume: 186,398
Technical Sentiment Signal: Strong Sell
Current Market Cap: $144B
Find detailed analytics on 1211 stock on TipRanks’ Stock Analysis page.