H World Board Approves Shareholder Return Plan of up to $2 Billion
H World Group Declares $2 Billion Shareholders Return Plan, $200 Million Dividend, Five-year ADS Repurchase Plan
H World Group Declares 1H Dividend of 63c >HTHT
H World Group: Plan to Be Carried Out Over Three Years Starting July 23, 2024 >HTHT
H World Group Unveils $2 Billion Shareholder Plan
H World Group-S (01179.HK) approves a three-year shareholder return plan.
H World Group-S (01179.HK) announced on July 23 that, in order to enhance shareholder value, the board of directors has approved a three-year shareholder return plan, effective from July 23, 2024, which can make a total distribution of up to $2 billion to company shareholders. Under the shareholder return plan, the board of directors may fully and at its discretion decide: (i) to declare and pay ordinary dividends every half year, and the total amount of dividends for each fiscal year shall not be less than 60% of the company's net income for that fiscal year; and (ii) to consider the company's financial condition and its organizational charter and other rules and regulations under Cayman Islands law.
Express News | H World - Approved Five-Year Share Repurchase Program of Its Adss With Aggregate Amount of up to US$1 Bln
Express News | H World - Approved 3-Year Shareholder Return Plan With Distributions That May Be Made to Shareholders of up to US$2 Bln
Express News | H World - Declared Cash Dividend for First Half of US$0.063 per Ordinary Share
HWORLD-S: INSIDE INFORMATIONSHAREHOLDER RETURN PLAN
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BofA Securities Maintains H World Group(HTHT.US) With Buy Rating
Bank of America Securities Sticks to Its Buy Rating for H World Group (HTHT)
H World Group Considers Cash Dividend
H World Group's board of directors (01179.HK) is currently considering declaring and distributing cash dividends.
H World Group-S (01179.HK) announced on July 11th that the board of directors of the company is currently considering declaring and distributing cash dividends. If the board of directors decides to proceed, the dividend declaration will be passed by the board of directors on Tuesday, July 23, 2024 (Hong Kong time).