QuantaSing Announces Declaration of a Special Dividend
QuantaSing Group (NASDAQ: QSG), a leading lifestyle solution provider, has announced a special dividend of US$0.067 per ordinary share (US$0.201 per ADS). The total dividend amount will be approximately US$11 million, funded from the company's surplus cash and share premium account. The dividend will be paid in U.S. dollars on or around November 7, 2024 for ordinary shareholders and November 15, 2024 for ADS holders, with a record date of October 30, 2024.
The Board of Directors will determine future distributions based on factors including the company's operations, earnings, GAAP and Non-GAAP net profits or losses, cash flows, and financial conditions. This decision reflects QuantaSing's commitment to returning value to shareholders while maintaining financial flexibility.
QuantaSing Group (NASDAQ: QSG), un importante fornitore di soluzioni per lo stile di vita, ha annunciato un dividendo speciale di US$0,067 per azione ordinaria (US$0,201 per ADS). L'importo totale del dividendo sarà di circa US$11 milioni, finanziato con la liquidità in eccesso e il conto del premio azionario della società. Il dividendo sarà pagato in dollari americani intorno al 7 novembre 2024 per gli azionisti ordinari e al 15 novembre 2024 per i detentori di ADS, con una data di registrazione del 30 ottobre 2024.
Il Consiglio di Amministrazione determinerà le distribuzioni future basandosi su fattori quali le operazioni dell'azienda, gli utili, i profitti o le perdite netti secondo i principi contabili GAAP e Non-GAAP, i flussi di cassa e le condizioni finanziarie. Questa decisione riflette l'impegno di QuantaSing a restituire valore agli azionisti mantenendo una flessibilità finanziaria.
QuantaSing Group (NASDAQ: QSG), un proveedor líder de soluciones de estilo de vida, ha anunciado un dividendo especial de US$0.067 por acción ordinaria (US$0.201 por ADS). El monto total del dividendo será de aproximadamente US$11 millones, financiado a partir del exceso de efectivo de la empresa y de la cuenta de prima de acciones. El dividendo se pagará en dólares estadounidenses alrededor del 7 de noviembre de 2024 para los accionistas ordinarios y el 15 de noviembre de 2024 para los tenedores de ADS, con una fecha de registro del 30 de octubre de 2024.
La Junta Directiva determinará las distribuciones futuras basándose en factores como las operaciones de la empresa, las ganancias, las pérdidas o ganancias netas según GAAP y Non-GAAP, flujos de efectivo y condiciones financieras. Esta decisión refleja el compromiso de QuantaSing de devolver valor a los accionistas mientras mantiene flexibilidad financiera.
QuantaSing Group (NASDAQ: QSG), 생활 솔루션의 선두 제공업체,는 보통주당 US$0.067 (ADS당 US$0.201)의 특별 배당금을 발표했습니다. 총 배당금은 약 US$11 백만이 될 것이며, 회사의 잉여 현금 및 주식 프리미엄 계정에서 자금이 조달됩니다. 배당금은 2024년 11월 7일경에 보통 주주에게, 2024년 11월 15일에 ADS 보유자에게 미화로 지급되며, 기준일은 2024년 10월 30일입니다.
이사회는 회사의 운영, 수익, GAAP 및 비GAAP 순이익 또는 손실, 현금 흐름, 재무 상태와 같은 요소를 기반으로 향후 분배를 결정합니다. 이 결정은 QuantaSing이 주주에게 가치를 반환하면서 재정적 유연성을 유지하려는 의지를 반영합니다.
QuantaSing Group (NASDAQ: QSG), un fournisseur de solutions de style de vie de premier plan, a annoncé un dividende spécial de 0,067 USD par action ordinaire (0,201 USD par ADS). Le montant total du dividende sera d'environ 11 millions USD, financé à partir des liquidités excédentaires de l'entreprise et du compte de prime des actions. Le dividende sera versé en dollars américains aux alentours du 7 novembre 2024 pour les actionnaires ordinaires et du 15 novembre 2024 pour les détenteurs d'ADS, avec une date de référence du 30 octobre 2024.
Le Conseil d'Administration déterminera les distributions futures en fonction de facteurs tels que les opérations de l'entreprise, les bénéfices, les pertes ou gains nets selon les normes GAAP et Non-GAAP, les flux de trésorerie et les conditions financières. Cette décision reflète l'engagement de QuantaSing à restituer de la valeur aux actionnaires tout en maintenant une flexibilité financière.
QuantaSing Group (NASDAQ: QSG), ein führender Anbieter von Lebensstil-Lösungen, hat eine Sonderdividende von US$0,067 pro Stammaktie (US$0,201 pro ADS) angekündigt. Der Gesamtbetrag der Dividende wird voraussichtlich etwa US$11 Millionen betragen, finanziert aus dem überschüssigen Bargeld des Unternehmens und dem Kapitalrücklagenkonto. Die Dividende wird in US-Dollar voraussichtlich am 7. November 2024 an die ordentlichen Aktionäre und am 15. November 2024 an die ADS-Inhaber ausgezahlt, mit einem Rekorddatum vom 30. Oktober 2024.
Der Vorstand wird zukünftige Ausschüttungen basierend auf Faktoren wie den Geschäftsbetrieb, den Gewinn, GAAP- und Non-GAAP-Nettogewinnen oder -verlusten, dem Cashflow und den finanziellen Bedingungen festlegen. Diese Entscheidung spiegelt das Engagement von QuantaSing wider, den Aktionären Werte zurückzugeben und gleichzeitig finanzielle Flexibilität zu wahren.
- Declaration of a special dividend of US$0.067 per ordinary share
- Total dividend distribution of approximately US$11 million
- Dividend funded from surplus cash, indicating strong cash position
- Board's discretion to make future distributions based on financial performance
- None.
BEIJING, Oct. 01, 2024 (GLOBE NEWSWIRE) -- QuantaSing Group Limited (NASDAQ: QSG) (“QuantaSing” or the “Company”), a leading lifestyle solution provider empowering adults to live better and longer, today announced that its board of directors (the “Board”) has approved the declaration and distribution of a special dividend (the “Special Dividend”) of US
The aggregate amount of the Special Dividend will be approximately US
The determination to make distributions and the amount of such distributions will be made at the discretion of the Board and will be based upon the Company’s operations and earnings, including, but not limited, considerations of the Company’s GAAP and Non-GAAP net profits or losses, cash flows, financial conditions and other relevant factors.
Safe Harbor Statements
This announcement contains forward-looking statements within the meaning of Section 27A of Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1955. All statements other than statements of historical or current fact included in this press release are forward-looking statements, including but not limited to statements regarding QuantaSing’s financial outlook, beliefs and expectations. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. Among other things, the Financial Outlook in this announcement contains forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases, and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; its future business development, results of operations and financial condition; its ability to attract and retain new users and learners and to increase the spending and revenues generated from users and learners; its ability to maintain and enhance the recognition and reputation of its brand; its expectations regarding demand for and market acceptance of its services and products; expected growth, future trends and competition in the markets that we operate in; changes in its revenues and certain cost or expense items; PRC governmental policies and regulations relating to the Company’s business and industry, general economic and political conditions in China and globally, and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties, or factors is included in the Company’s filings with the SEC, including, without limitation, the final prospectus related to the IPO filed with the SEC dated January 24, 2023. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and the Company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date hereof.
About QuantaSing Group Limited
QuantaSing is a leading lifestyle solution provider empowering adults to live better and longer. Leveraging its profound understanding of adult users and robust infrastructure, QuantaSing offers easy-to-understand, affordable, and accessible online courses to adult learners as well as consumer products and service in selected areas to address the senior users’ aspirations for wellness.
For more information, please visit: https://ir.quantasing.com.
Contact
Investor Relations
Leah Guo
QuantaSing Group Limited
Email: ir@quantasing.com
Tel: +86 (10) 6493-7857
Robin Yang, Partner
ICR, LLC
Email: QuantaSing.IR@icrinc.com
Phone: +1 (212) 537-0429
FAQ
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