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Viomi Technology Soars 8.81% on Special Dividend Announcement
Generated by AI AgentAinvest Pre-Market Radar
Tuesday, Jul 15, 2025 9:15 am ET1min read
On July 15, 2025,
surged 8.81% in pre-market trading, marking a significant rise in its stock price.Viomi Technology has declared a special dividend of $0.0293 per share, amounting to approximately $6 million. This dividend is expected to be paid on or around August 18, 2025, to holders of the company's ordinary shares, and on or around August 21, 2025, to holders of the company's American Depositary Shares (ADSs).
The announcement of the special dividend reflects
Technology's confidence in its strategic direction and financial health. The company's board of directors approved the dividend, which is subject to the terms of the deposit agreement. This move is seen as a way to enhance shareholder value and reward investors for their continued support.Additionally, Viomi Technology has successfully reorganized its water business, which has contributed to the company's overall performance. The reorganization has allowed Viomi to distribute a special dividend of $0.088 per ADS, further boosting investor confidence and driving the stock price higher.
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