Summary by Moomoo AI
CNOOC announced on August 28, 2024, that it will distribute the 2024 interim dividend to all shareholders, at a rate of HK$0.74 (with tax) per share. The distribution of the interim dividend is based on undistributed profits as of June 30, 2024, amounting to RMB 197.331 billion. The dividend will be declared in HK dollars, and A-share dividends will be paid in RMB, while H-share dividends will be paid in HK dollars. The board of directors unanimously approved the distribution scheme on the same day, stating that this move will not have a significant impact on the company's operational cash flow and long-term development. The dividend distribution scheme does not require approval at the shareholders' meeting, in accordance with the authorization decision made at the 2023 annual shareholders' meeting.
