Movement Alert｜HAIER SMARTHOME Rises 3.03% in Regular Trading, Final Dividend Raised to RMB 8.9151 per 10 Shares

Market Focus07-29

On July 29, HAIER SMARTHOME rose 3.03% in regular trading, trading at HKD 22.44/share, with turnover of HKD 298 million.

On the news front, the company published a final dividend update on July 28, raising its per-10-share payout from RMB 8.867 to RMB 8.9151 while maintaining the total distribution at approximately RMB 8.248 billion. The adjustment was triggered by changes in share capital resulting from ongoing share buybacks and the completion of its employee stock ownership plan transfer. H-share holders will receive HKD 10.253105 per 10 shares, scheduled for distribution on August 21.

In addition, the company continues to execute its A-share buyback program, having cumulatively repurchased over 87 million shares at a total cost of approximately RMB 1.818 billion, signaling management confidence in the company's intrinsic value. On July 27 alone, the company repurchased 2.1 million A-shares for approximately RMB 45.98 million.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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