Aladdin: The Alibaba convertible bond will stop converting into shares starting from May 28, 2025

Zhitong
2025.05.22 08:44

Aladdin announced that the company will disclose the announcement of the implementation of the equity distribution and the adjustment announcement of the conversion price of "Aladdin Convertible Bonds" on May 29, 2025. From May 28, 2025, until the equity registration date for the equity distribution, the "Aladdin Convertible Bonds" will suspend conversion, and will resume conversion on the first trading day after the equity registration date. The annual profit distribution plan for 2024 is to distribute a cash dividend of 1 yuan for every 10 shares, and to increase 2 shares for every 10 shares from the capital reserve