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Xinyi Glass Holdings Announces Final Dividend with Scrip Option

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Xinyi Glass Holdings Announces Final Dividend with Scrip Option

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Xinyi Glass Holdings ( (HK:0868) ) has issued an update.

Xinyi Glass Holdings Limited has announced a final cash dividend of HKD 0.1 per share for the financial year ending December 31, 2024, with a scrip option allowing shareholders to convert their cash dividend into shares at a conversion price of HKD 7.35. This announcement reflects the company’s commitment to providing shareholder value and may impact its financial strategy and market positioning, offering flexibility to investors in managing their equity holdings.

The most recent analyst rating on (HK:0868) stock is a Hold with a HK$7.55 price target. To see the full list of analyst forecasts on Xinyi Glass Holdings stock, see the HK:0868 Stock Forecast page.

More about Xinyi Glass Holdings

Xinyi Glass Holdings Limited is a prominent player in the glass manufacturing industry, specializing in the production of high-quality glass products. The company is known for its focus on innovative solutions and has a significant market presence in the construction and automotive sectors.

Average Trading Volume: 13,983,704

Technical Sentiment Signal: Hold

Current Market Cap: HK$34.12B

Learn more about 0868 stock on TipRanks’ Stock Analysis page.

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