Kaixin Holdings Approves Special Dividend
Ticker: KXIN · Form: 6-K · Filed: Oct 3, 2024 · CIK: 1713539
Sentiment: bullish
Topics: dividend, shareholder-return, meeting-results
TL;DR
Kaixin Holdings is paying a $0.05 special dividend on Oct 18th.
AI Summary
Kaixin Holdings announced the results of its Extraordinary General Meeting held on October 3, 2024. The meeting's primary purpose was to approve a special dividend distribution of $0.05 per ordinary share. This dividend is expected to be paid on or around October 18, 2024, to shareholders of record as of October 11, 2024.
Why It Matters
The approval of a special dividend indicates the company's financial health and its commitment to returning value to shareholders.
Risk Assessment
Risk Level: low — This filing is a routine announcement of meeting results and dividend approval, with no immediate negative financial implications.
Key Numbers
- $0.05 — Special Dividend per Share (Amount to be distributed to shareholders)
Key Players & Entities
- Kaixin Holdings (company) — Registrant
- October 3, 2024 (date) — Date of Extraordinary General Meeting
- $0.05 (dollar_amount) — Special dividend per ordinary share
- October 18, 2024 (date) — Expected dividend payment date
- October 11, 2024 (date) — Record date for dividend
FAQ
What was the main purpose of the Extraordinary General Meeting?
The main purpose was to approve a special dividend distribution of $0.05 per ordinary share.
When was the Extraordinary General Meeting held?
The Extraordinary General Meeting was held on October 3, 2024.
What is the expected payment date for the special dividend?
The special dividend is expected to be paid on or around October 18, 2024.
Who is eligible to receive the special dividend?
Shareholders of record as of October 11, 2024, are eligible to receive the special dividend.
What is the amount of the special dividend per ordinary share?
The special dividend is $0.05 per ordinary share.
Filing Stats: 150 words · 1 min read · ~1 pages · Grade level 15.1 · Accepted 2024-10-03 16:01:00
Filing Documents
- tm2425530d1_6k.htm (6-K) — 9KB
- tm2425530d1_ex99-1.htm (EX-99.1) — 7KB
- 0001104659-24-105826.txt ( ) — 17KB
SIGNATURES
SIGNATURES Pursuant to the requirements of Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Kaixin Holdings Date: October 3, 2024 By: /s/ Yi Yang Name: Yi Yang Title: Chief Financial Officer