Yahoo may rethink use of cash from Alibaba deal
SAN FRANCISCO, Aug 9 Yahoo Inc may re-evaluate plans for the cash it gets from a multibillion-dollar sale of half of its 40 percent stake in Chinese Internet company Alibaba Group.
March 30 Hangzhou Century Co Ltd :
* To use undistributed profits to pay a cash dividend of 2.5 yuan (pre-tax) per 10 shares to shareholders for FY 2016
* To use additional paid-in capital to distribute 8 new shares for every 10 shares
Source text in Chinese: goo.gl/3xZq6M
Further company coverage: (Beijing Headline News)
* Penalty is largest FTC has ever imposed for violating an order