AMTD Digital Inc. Approved The Change Of The Company's Fiscal Year End From April 30 To October 31, Effective Immediately
Portfolio Pulse from Benzinga Newsdesk
AMTD Digital Inc. (NYSE:HKD) has changed its fiscal year-end from April 30 to October 31, effective immediately, to align with the global expansion strategy of its controlling shareholder, AMTD Group Inc.

April 30, 2024 | 9:08 pm
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AMTD Digital Inc. changes its fiscal year-end to better align with AMTD Group's expansion, indicating strategic realignment.
The change in fiscal year-end for AMTD Digital Inc. is a strategic decision to align with its controlling shareholder's global expansion efforts. This adjustment is more about internal alignment and may not have a direct short-term impact on the stock price, but it reflects the company's broader strategic initiatives. Investors might view this positively as a sign of proactive management, but it's unlikely to cause significant market movement on its own.
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