Xinyi Energy Announces Scrip Dividend Scheme for 2024 Final Dividend

Xinyi Energy Holdings Limited ( (HK:3868) ) has shared an update.

Xinyi Energy Holdings Limited has announced a Scrip Dividend Scheme for its final dividend for the year ended 31 December 2024. Shareholders have the option to receive the dividend in cash or in new fully-paid shares. The market value of the Scrip Shares is set at 95% of the average closing price over a specified period, and the scheme is subject to approval for listing on the Hong Kong Stock Exchange. This move allows shareholders flexibility in how they receive dividends and could potentially impact the company’s share capital structure.

The most recent analyst rating on (HK:3868) stock is a Hold with a HK$1.10 price target. To see the full list of analyst forecasts on Xinyi Energy Holdings Limited stock, see the HK:3868 Stock Forecast page.

More about Xinyi Energy Holdings Limited

Xinyi Energy Holdings Limited is a company incorporated in the British Virgin Islands, primarily operating in the energy sector. The company is listed on the Hong Kong Stock Exchange and focuses on providing energy solutions.

YTD Price Performance: 40.99%

Average Trading Volume: 10,713,033

Technical Sentiment Signal: Buy

Current Market Cap: HK$8.88B

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