Sound Group Soars 20.16% on Dividend Announcement

Generated by AI AgentAinvest Pre-Market Radar
Friday, Aug 29, 2025 4:31 am ET1min read
Aime RobotAime Summary

- Sound Group’s stock surged 20.16% pre-market after announcing a $0.005/share special dividend ($1/ADS), totaling $4M, to be paid by Sept 30.

- The dividend reflects strong financial performance and commitment to shareholder rewards, with CEO Jinnan Lai emphasizing operational excellence and AI-driven innovation.

- As a Nasdaq-listed audio platform since 2020, the move signals confidence in long-term growth amid dynamic industry opportunities.

On August 29, 2025, Sound Group's stock surged by 20.16% in pre-market trading, marking a significant rise in investor interest and confidence in the company.

Sound Group Inc. recently announced a special cash dividend of $0.005 per ordinary share, or $1.00 per American Depositary Share (ADS), to shareholders of record as of September 15, 2025. This dividend, totaling approximately $4 million, is set to be distributed on or around September 30, 2025. The move underscores the company's strong financial performance and commitment to rewarding shareholders.

Sound Group's CEO, Jinnan (Marco) Lai, highlighted the company's resilience and focus on operational excellence, driven by its market presence and AI-driven innovation. This dividend declaration reflects the company's confidence in its long-term prospects and ability to create value for stakeholders.

Sound Group Inc. is a global audio-centric social and entertainment company, dedicated to building the world’s largest audio platform to better connect and communicate. The company has been listed on Nasdaq since January 2020 and continues to pursue growth opportunities in a dynamic industry landscape.

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