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Stock impact report

FinVolution Group Announces 10.2% Increase in Year-End Dividend to US$0.237 per ADS

FinVolution Group American Depositary Shares (FINV) 
Company Research Source: PR Newswire
Marks FINV's sixth consecutive year of dividend declarationsSHANGHAI, March 18, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced that its board of directors (the "Board") has approved a cash dividend of US$0.237 per American Depositary Share (ADS) for fiscal year 2023. The dividend is expected to be distributed on or around May 7, 2024 to shareholders of record as of the close of business on April 16, 2024.The decision to distribute dividends and the amount of such dividend payments was determined at the Board's discretion based on the Company's operations, earnings, cash flows, financial condition and other relevant factors.Mr. Shaofeng Gu, Chairman of the Board and Chief Innovation Officer of the Company, commented, "In line with our consistent commitment to enhancing shareholder value, we are delighted to distribute dividends for the sixth consecutive year. Our share repurchase program, coupled with t Show less Read more
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