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Tencent pays a special interim dividend and receives a physical distribution of 1 share for every 21 shares. JD’s shareholding drops to 2.3%

2021-12-23T00:55:05.755Z


Tencent Holdings (0700) announced the details of the interim dividend, announcing the in-kind distribution of Class A ordinary shares of Jingdong Group (9618), based on the basis of 1 share of Jingdong Group A common stock for every 21 shares held by eligible shareholders, to


Tencent Holdings (0700) announced the details of the interim dividend, announcing the in-kind distribution of Class A ordinary shares of Jingdong Group (9618), based on the basis of 1 share of Jingdong Group A common stock for every 21 shares held by eligible shareholders, to On the record date (January 25, 2022), shareholders listed on the company’s shareholder register will declare a special interim dividend of approximately 457 million JD Group’s Class A ordinary shares held indirectly by the company through Huang River in the form of in-kind distributions. The number of JD Group shares will be rounded down to the nearest whole number.

Tencent added that the fractional quota of JD Group shares enjoyed by qualified shareholders and non-qualified shareholders, that is, the shares held by them in the company are not a full multiple of 21 shares, and will be distributed in cash instead of payment.

As of yesterday’s close, the closing price of JD Group’s Class A ordinary shares traded on the Stock Exchange was 279.2 yuan per share.

Tencent: The two parties will continue strategic cooperation in the future

After the distribution is completed, the proportion of Jingdong shares held by Tencent will fall from 17% to 2.3%, and Tencent President Liu Chiping will also resign as a director of Jingdong.

Looking through the information, Tencent has invested in JD.com for nearly 8 years. Tencent stated that it is full of confidence in JD.com's prospects and that the two parties will continue their strategic cooperation in the future.

At the same time, Tencent continues to support more growth companies and implement Tencent's long-term investment strategy.

At the same time, Jingdong Group stated that the company and Tencent will continue to maintain a mutually beneficial and win-win business relationship, including existing strategic cooperation agreements.

Source: hk1

All news articles on 2021-12-23

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