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Pico Far East Holdings ( (HK:0752) ) has issued an update.
Pico Far East Holdings Limited has announced a scrip dividend arrangement for its shareholders, offering them the option to receive a special dividend for the year ended October 31, 2024, in cash or in the form of new shares. The issue price for these scrip shares has been set at HK$1.932, calculated based on the average closing prices of the shares over five trading days. This arrangement allows shareholders to potentially increase their shareholding in the company while the company retains cash reserves, which could impact its liquidity and market positioning.
More about Pico Far East Holdings
YTD Price Performance: -22.86%
Average Trading Volume: 148,000
Technical Sentiment Signal: Buy
Current Market Cap: $310.4M
For a thorough assessment of 0752 stock, go to TipRanks’ Stock Analysis page.