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0 0 -0.011940298507463 -2.65127886477649E-16 0.0686567164179102 0.0388059701492534 0.0686268656716416 0.0597313432835818
Stock impact report

Cheetah Mobile Announces Dividend of US$0.50 per American Depositary Share

Cheetah Mobile Inc. American Depositary Shares, each representing fifty (50) Class A Ordinary Shares (CMCM) 
Last cheetah mobile inc. american depositary shares, each representing fifty (50) class a ordinary shares earnings: 8/22 05:50 am Check Earnings Report
US:NYSE Investor Relations: ir.cmcm.com
Company Research Source: PR Newswire
BEIJING, Aug. 20, 2019 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading mobile internet company with global market coverage, today announced that the Company's board of directors (the "Board") approved a special cash dividend of US$0.50 per American Depositary Share ("ADS"), or US$0.05 per ordinary share. The cash dividend will be paid on September 30, 2019 to shareholders of record at the close of business on September 13, 2019. The aggregate amount of cash dividends to be paid is approximately US$72 million, which will be funded by cash on the Company's balance sheet. Mr. Sheng Fu, Cheetah Mobile's Chairman and Chief Executive Officer, stated, "Our special cash dividend payment demonstrates our commitment to delivering shareholder value, and our confidence in our business model, our execution capabilities and the long-term outlook of the Company."About Cheetah Mobile Inc.Cheetah Mobile is a leading mobile Internet company with global ma Show less Read more
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