Sound Group Announces Special Cash Dividend of $1.00 per ADS.
PorAinvest
jueves, 28 de agosto de 2025, 5:55 am ET1 min de lectura
SOGP--
The dividend, approved by the company's board of directors, will be distributed to shareholders of record as of September 15, 2025. Holders of the company's ADSs will receive the cash dividends through Deutsche Bank Trust Company Americas, the depositary of the Company’s ADS program, subject to the terms and conditions of the deposit agreement [1].
CEO Jinnan (Marco) Lai commented on the dividend, stating, "We are pleased to declare this dividend, underscoring our solid financial performance and steadfast commitment to rewarding our shareholders. It reaffirms the resilience of our business model and highlights our focus on driving operational excellence, while also pursuing growth opportunities amid a dynamic macro environment and industry landscape. Supported by our market presence, execution capabilities, and AI-driven innovation, we remain confident in the Company’s long-term prospects and our ability to create enduring value for all stakeholders" [1].
Sound Group Inc., which has been listed on Nasdaq since January 2020, is driven by a mission to build the world’s largest audio platform to better connect and communicate. The company's recent financial results for the first half of 2025 demonstrate strong growth, with net revenues increasing by 47% year-over-year to RMB1,357.7 million (US$189.5 million) and a significant turnaround with net income of RMB67.6 million (US$9.4 million) [3].
The dividend announcement comes amidst a period of robust financial performance and strategic initiatives, including the expansion of the company's audio entertainment business and new AI-driven innovations. However, the company also reported a decrease in average total mobile MAUs to 30.4 million from 35.7 million year-over-year [3].
References:
[1] https://finance.yahoo.com/news/sound-group-inc-announces-special-095000053.html
[2] https://www.stocktitan.net/news/SOGP/sound-group-inc-announces-special-cash-k54zpxi9e3ut.html
[3] https://www.stocktitan.net/news/SOGP/sound-group-inc-reports-first-half-of-2025-unaudited-financial-8vey5ebmj1rm.html
Sound Group Inc., a global audio-centric social and entertainment company, announced a special cash dividend of $0.005 per ordinary share or $1.00 per American Depositary Share. The total payout will be approximately $4 million, with payments expected on or around September 30, 2025. This decision reflects the company's commitment to returning value to its shareholders.
Singapore, Aug. 28, 2025 — Sound Group Inc. (NASDAQ: SOGP), a global audio-centric social and entertainment company, has announced a special cash dividend of $0.005 per ordinary share or $1.00 per American Depositary Share (ADS). The total payout will be approximately $4 million, with payments expected on or around September 30, 2025. This decision reflects the company's commitment to returning value to its shareholders [1].The dividend, approved by the company's board of directors, will be distributed to shareholders of record as of September 15, 2025. Holders of the company's ADSs will receive the cash dividends through Deutsche Bank Trust Company Americas, the depositary of the Company’s ADS program, subject to the terms and conditions of the deposit agreement [1].
CEO Jinnan (Marco) Lai commented on the dividend, stating, "We are pleased to declare this dividend, underscoring our solid financial performance and steadfast commitment to rewarding our shareholders. It reaffirms the resilience of our business model and highlights our focus on driving operational excellence, while also pursuing growth opportunities amid a dynamic macro environment and industry landscape. Supported by our market presence, execution capabilities, and AI-driven innovation, we remain confident in the Company’s long-term prospects and our ability to create enduring value for all stakeholders" [1].
Sound Group Inc., which has been listed on Nasdaq since January 2020, is driven by a mission to build the world’s largest audio platform to better connect and communicate. The company's recent financial results for the first half of 2025 demonstrate strong growth, with net revenues increasing by 47% year-over-year to RMB1,357.7 million (US$189.5 million) and a significant turnaround with net income of RMB67.6 million (US$9.4 million) [3].
The dividend announcement comes amidst a period of robust financial performance and strategic initiatives, including the expansion of the company's audio entertainment business and new AI-driven innovations. However, the company also reported a decrease in average total mobile MAUs to 30.4 million from 35.7 million year-over-year [3].
References:
[1] https://finance.yahoo.com/news/sound-group-inc-announces-special-095000053.html
[2] https://www.stocktitan.net/news/SOGP/sound-group-inc-announces-special-cash-k54zpxi9e3ut.html
[3] https://www.stocktitan.net/news/SOGP/sound-group-inc-reports-first-half-of-2025-unaudited-financial-8vey5ebmj1rm.html
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