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JL MAG Rare-Earth Updates Final Dividend Details for 2024

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JL MAG Rare-Earth Updates Final Dividend Details for 2024

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JL MAG Rare-Earth Co., Ltd. Class H ( (HK:6680) ) has shared an announcement.

JL MAG Rare-Earth Co., Ltd. has announced an update regarding its final cash dividend for the year ended December 31, 2024. The dividend, set at RMB 1.2 per 10 shares, will be paid in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.08928, with the payment date scheduled for July 28, 2025. This announcement reflects the company’s commitment to returning value to its shareholders and may influence investor sentiment positively. The update also includes details on withholding tax obligations for non-resident shareholders, ensuring compliance with international tax agreements.

More about JL MAG Rare-Earth Co., Ltd. Class H

JL MAG Rare-Earth Co., Ltd. operates in the rare-earth industry, focusing on the production and supply of rare-earth materials, which are crucial for various high-tech and green technology applications.

Average Trading Volume: 12,621,445

Technical Sentiment Signal: Buy

Current Market Cap: HK$27.68B

For an in-depth examination of 6680 stock, go to TipRanks’ Stock Analysis page.

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