Phoenix New Media Announces Results of Annual General Meeting and Special Cash Dividend
Phoenix New Media Limited American Depositary Shares, each representing 48 Class A ordinary shares. (FENG)
Last phoenix new media limited american depositary shares, each representing 48 class a ordinary shares. earnings: 3/18 05:00 pm
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US:NYSE Investor Relations:
ir.ifeng.com
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Source: PR Newswire
BEIJING, Nov. 14, 2019 /PRNewswire/ -- Phoenix New Media Limited (NYSE: FENG), a leading new media company in China ("Phoenix New Media", "ifeng" or the "Company"), today announced the results of its annual general meeting and the declaration of a special cash dividend.The Company held its 2019 annual general meeting of shareholders (the "AGM") on November 14, 2019. All of the resolutions proposed at the AGM were duly passed by the shareholders. Among others, the shareholders have passed the resolution approving the election of Ms. Xiaoyan Chi as a director of the Company upon retirement of Ms. Betty Yip Ho as a director at the AGM. The board of directors of the Company would like to thank the shareholders for their ongoing support.The Company also announced today that its Board of Directors declared a special cash dividend of US$0.1714 per ordinary share, equivalent to US$1.3712 per American depositary share ("ADS"), totaling approximately US$100 million, payable on December 13, 2019
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- Phoenix New Media Limited (NYSE: FENG) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat