DouYu surged more than 22% in pre-market trading, with a special cash dividend of $9.76 per share, equivalent to 77.5% of the closing price
DouYu rose more than 22% in pre-market trading. Earlier, the DouYu International Board of Directors approved and announced a special cash dividend of $9.76 per share, or $9.76 per ADS, to shareholders of record of common stock and ADS as of the close of business on August 21, 2024.
The stock closed at $12.59 on Tuesday, with the special cash dividend of $9.76 per share equivalent to 77.5% of the closing price.