AUX ELECTRIC (02580) Approves Dividend Distribution Plan

Stock News

Oct 20

The board of directors of AUX ELECTRIC (02580) has announced the approval of a dividend distribution plan. The company will declare and pay dividends to shareholders for the three financial years ending December 31, 2025, 2026, and 2027. Under this plan, dividends will be contingent upon market conditions and final approval by the board at the relevant time, with a commitment to distribute dividends for the specified periods. Each annual dividend will be no less than 75% of the company's net profit attributable to shareholders for the corresponding fiscal year. This dividend distribution plan is designed to respond to market demands by enhancing returns and protecting the legitimate interests of shareholders and investors, while also preserving the financial strength of the group to support its sustainable development needs. The board believes that implementing the dividend distribution plan is in the best interests of the company and its shareholders.

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