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Tongcheng Travel Approves AGM Resolutions and Declares Dividend

Story Highlights
  • Tongcheng Travel’s AGM approved all resolutions, including financial statements and director re-elections.
  • Shareholders supported mandates for share issuance and repurchase, enhancing capital flexibility.
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Tongcheng Travel Approves AGM Resolutions and Declares Dividend

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Tongcheng Travel Holdings Limited ( (HK:0780) ) has issued an update.

Tongcheng Travel Holdings Limited announced the results of its Annual General Meeting held on June 26, 2025, where all proposed resolutions were approved by shareholders. Key resolutions included the adoption of the company’s financial statements for 2024, re-election of directors, re-appointment of PricewaterhouseCoopers as auditors, and the declaration of a final dividend of HKD0.18 per share. The meeting also granted the board mandates to issue and repurchase shares, reflecting strong shareholder support and potentially enhancing the company’s flexibility in capital management.

The most recent analyst rating on (HK:0780) stock is a Buy with a HK$20.00 price target. To see the full list of analyst forecasts on Tongcheng Travel Holdings Limited stock, see the HK:0780 Stock Forecast page.

More about Tongcheng Travel Holdings Limited

Tongcheng Travel Holdings Limited is a company incorporated in the Cayman Islands, primarily operating in the travel industry. It is listed on the Hong Kong Stock Exchange and focuses on providing travel services and products.

Average Trading Volume: 18,232,688

Technical Sentiment Signal: Buy

Current Market Cap: HK$47.32B

See more insights into 0780 stock on TipRanks’ Stock Analysis page.

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