QuantaSing Announces Declaration of a Special Dividend
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$0.067 per ordinary share (US$0.201 per American depositary share, or ADS). The aggregate amount of the Special Dividend will be approximately US$11 million, which is payable in U.S. dollars and in cash, and will be funded by surplus cash and to be paid out from the share premium account of the Company. The dividends are expected to be paid o