Friday, July 19, 2024

Special Cash Dividend declared by DouYu International Holdings Limited

DouYu International Holdings Limited Announces Special Cash Dividend

DouYu International Holdings Limited, a leading game-centric live streaming platform in China, has just announced a special cash dividend for its shareholders. The board of directors approved and declared a dividend of US$9.76 per ordinary share, totaling approximately US$300 million in cash dividends. This move aims to return value to the company’s shareholders amidst the challenging macroeconomic and operating environment.

The dividend payments are expected to be made on or around August 30, 2024, to holders of ordinary shares and American Depositary Shares (ADSs). The company’s interim management committee highlighted their dedication to safeguarding shareholders’ interests and emphasized the special dividend as part of their ongoing effort to provide value to investors.

DouYu International is headquartered in Wuhan, China, and is known for its immersive and interactive game livestreaming platform. Through a combination of technology, talent development, and high-quality content, DouYu delivers premium gaming experiences to its users. The company’s focus on eSports and community engagement has allowed them to continuously enhance user experience and pursue long-term growth.

Investors and shareholders can expect to benefit from this special cash dividend as DouYu International Holdings Limited continues its commitment to delivering value and innovative gaming experiences.

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