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CRRC ( (HK:1766) ) has provided an announcement.
CRRC Corporation Limited has announced the distribution of its 2024 final dividend to holders of A Shares, following approval at the company’s annual general meeting. The dividend, set at RMB0.21 per share, will be distributed to shareholders on August 14, 2025. For Northbound Trading Investors in the Hong Kong market, the dividend will be distributed in RMB with a 10% tax withholding, though investors from countries with favorable tax treaties may apply for a reduced rate. This announcement reflects CRRC’s commitment to returning value to its shareholders and may impact investor perceptions positively.
The most recent analyst rating on (HK:1766) stock is a Buy with a HK$6.20 price target. To see the full list of analyst forecasts on CRRC stock, see the HK:1766 Stock Forecast page.
More about CRRC
CRRC Corporation Limited is a joint stock company incorporated in the People’s Republic of China, primarily engaged in the manufacture and sale of rail transit equipment. The company operates within the transportation industry, focusing on providing products and services related to railway vehicles and related components, with a significant market presence in China and international markets.
Average Trading Volume: 19,073,313
Current Market Cap: HK$217.2B
For a thorough assessment of 1766 stock, go to TipRanks’ Stock Analysis page.