$MEITUAN-W (03690.HK)$ After the Hong Kong stock market clos...
$MEITUAN-W(03690.HK$ After the Hong Kong stock market closed on November 16, Tencent released its third quarter earnings report. At the same time, it also revealed long-rumored news: the reduction of Meituan holdings.
According to the announcement issued by Tencent, Tencent held about 17.04% of Meituan's shares before this dividend payment, which is 1,054,580,992 shares. According to the plan, it will distribute 958,121,562 shares of Meituan shares to shareholders, accounting for 90.85% of Meituan shares and 15.48 of Meituan's total share capital. Based on the closing price on November 15, the total dividend amount is approximately HK$159.4 billion, corresponding to Tencent's dividend rate of 5.9%. After the dividend payment, Tencent will hold 1.56% of Meituan's shares. For Tencent shareholders, every 10 Tencent shares can receive 1 Class B Meituan stock. The last trading date for Tencent shares with the right to physically distribute Meituan shares on the Stock Exchange is expected to be January 4, 2023. The record date for determining Tencent shareholders' physical distribution rights to Meituan shares is January 10, 2023. The time for Tencent shareholders who meet the requirements to deliver and receive Meituan shares is expected to be around March 24, 2023. A small number of funds with registered addresses in the US (Tencent shareholders) will be directly distributed in cash corresponding to the number of shares due to compliance reasons. Unlike when Tencent paid dividends on JD shares, the rumor about the distribution of Meituan shares has actually been spread several times; in one foreign media alone, I have the impression that it has spread twice. $TRIP.COM-S(09961.HK$ $TENCENT(00700.HK$
According to the announcement issued by Tencent, Tencent held about 17.04% of Meituan's shares before this dividend payment, which is 1,054,580,992 shares. According to the plan, it will distribute 958,121,562 shares of Meituan shares to shareholders, accounting for 90.85% of Meituan shares and 15.48 of Meituan's total share capital. Based on the closing price on November 15, the total dividend amount is approximately HK$159.4 billion, corresponding to Tencent's dividend rate of 5.9%. After the dividend payment, Tencent will hold 1.56% of Meituan's shares. For Tencent shareholders, every 10 Tencent shares can receive 1 Class B Meituan stock. The last trading date for Tencent shares with the right to physically distribute Meituan shares on the Stock Exchange is expected to be January 4, 2023. The record date for determining Tencent shareholders' physical distribution rights to Meituan shares is January 10, 2023. The time for Tencent shareholders who meet the requirements to deliver and receive Meituan shares is expected to be around March 24, 2023. A small number of funds with registered addresses in the US (Tencent shareholders) will be directly distributed in cash corresponding to the number of shares due to compliance reasons. Unlike when Tencent paid dividends on JD shares, the rumor about the distribution of Meituan shares has actually been spread several times; in one foreign media alone, I have the impression that it has spread twice. $TRIP.COM-S(09961.HK$ $TENCENT(00700.HK$
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charming OP : It went up for 3 days and fell in 1 day
旧人不覆 Peter YCS : Can't fall down