Summary by Moomoo AI
Ping An Insurance announced on August 22, 2024 that it will distribute interim dividends for the semi-annual period ending June 30, 2024 to shareholders, with a cash dividend of RMB 0.93 per share (tax included). H-share shareholders have the option to receive dividends in either RMB or HKD, and the mid-year dividend currency choice form will be available on September 12, 2024. Share transfer registration procedures will be suspended from September 5th to 11th in order to determine the shareholder list. In addition, the company will adjust the conversion price of $3,500,000,000 0.875% convertible bonds due in 2029 from HKD 43.71 per H-share to HKD 42.61 per H-share, and this adjustment will take effect on September 12, 2024. The company has obtained general authorization to issue sufficient H-shares to cover additional exchangeable shares and will apply for the listing of additional exchangeable shares on the Hong Kong Stock Exchange.