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Launch Tech Co. Ltd. Announces Final Dividend for 2024

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Launch Tech Co. Ltd. Class H ( (HK:2488) ) just unveiled an announcement.

Launch Tech Company Limited has announced a final cash dividend of RMB 0.45 per share for the financial year ending December 31, 2024. The dividend will be paid in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.08307, with the payment date set for May 23, 2025. The ex-dividend date is April 29, 2025, and the record date is May 8, 2025. Non-resident enterprise shareholders will face a 10% withholding tax, while individual resident shareholders will be subject to a 20% tax rate. This announcement reflects the company’s commitment to returning value to its shareholders and may impact the company’s financial positioning and investor relations.

More about Launch Tech Co. Ltd. Class H

YTD Price Performance: 34.29%

Average Trading Volume: 624

Technical Sentiment Signal: Strong Sell

Current Market Cap: €585.3M

See more insights into 2488 stock on TipRanks’ Stock Analysis page.

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