JinkoSolar Announces Cash Dividend
JinkoSolar (NYSE: JKS), a leading global solar module manufacturer, has announced a cash dividend distribution.
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Rhea-AI Summary
Positive
- Substantial dividend payment of US$1.30 per ADS, totaling US$68.1 million
- Demonstrates financial strength and ability to return capital to shareholders
- Management expresses confidence in company's future prospects and growth
Negative
- Significant cash outflow of US$68.1 million could impact available capital for investments and operations
Details
News Market Reaction – JKS
The recorded move for JKS in the trading session of this news was +3.13%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SHANGRAO,
The total amount of cash to be distributed for the dividend is expected to be approximately
"This return of capital to our shareholders reflects our confidence in the Company's prospects and our commitment to creating long-term value for our shareholders," said Mr. Xiande Li, Chairman and Chief Executive Officer of JinkoSolar. "Looking ahead, we believe our continued focus on technological innovation, operational excellence, and global capability expansion positions us well to navigate through market challenges and drive sustainable growth over the long-term."
About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in
JinkoSolar had over 10 productions facilities globally, over 20 overseas subsidiaries in
To find out more, please see: www.jinkosolar.com
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the
For investor and media inquiries, please contact:
In
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com
Mr. Rene Vanguestaine
Christensen
Tel: +86 178 1749 0483
Email: rene.vanguestaine@christensencomms.com
In the
Ms. Linda Bergkamp
Christensen,
Tel: +1-480-614-3004
Email: linda.bergkamp@christensencomms.com
View original content:https://www.prnewswire.com/news-releases/jinkosolar-announces-cash-dividend-302481031.html
SOURCE JinkoSolar Holding Co., Ltd.
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