Raytron Adjusts Interim Dividend Total After Share Transfer; Shares Down 6%
MT Newswires Live
8 hours ago
Raytron Technology (SHA:688002) has revised its total 2026 semi-annual cash dividend allocation upward to 232.8 million yuan from 231.1 million yuan, according to Friday filings with the Shanghai Stock Exchange.
The change follows the non-trading transfer of 3.3 million repurchased shares to the company's 2026 Employee Stock Ownership Plan on Aug. 21.
Despite the total payout adjustment, the interim cash dividend remains unchanged at 0.50 yuan per share, payable Sept. 18 to holders of record as of Sept. 17.
Shares of the glass fiber manufacturer declined 6% in recent trade.
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