Smart Share Global Board Approves Special Cash Dividend Of $0.015 Per Ordinary Share, Or $0.03 Per ADS
Portfolio Pulse from Benzinga Newsdesk
Smart Share Global's board has approved a special cash dividend of $0.015 per ordinary share, or $0.03 per ADS, with payment dates around June 7, 2024, for ordinary shares and June 14, 2024, for ADS holders.

March 11, 2024 | 11:23 am
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Smart Share Global has declared a special cash dividend of $0.015 per ordinary share and $0.03 per ADS, with payouts in June 2024.
The announcement of a special cash dividend is typically viewed positively by the market as it reflects the company's financial health and commitment to returning value to shareholders. This can lead to a short-term increase in stock price as investors may buy in to receive the dividend. Given the specific amounts and dates provided, this news is directly relevant and important to Smart Share Global's investors.
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IMPORTANCE 90
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