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Smart Share Global Ltd  (EM)
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    Sector  Services    Industry Personal Services
   Industry Personal Services
   Sector  Services
 


 
 EM $0.6400 $0.0166 2.66%

 Volume (M): 178   Open : 0.67    52 Wk Avg :  0.78

 
 EM $0.6400 $0.0166 2.66%

 Volume (M): 178   Open : 0.67    52 Wk Avg :  0.78




EM Today's High: $0.6789 EM Shares One Week Perf: -0.59 %
EM Today's Low: $ 0.62 EM Shares 30 Day Performance: 7.58 %
Number of EM Shares Traded (M): 178 EM Share Price 52 Wk High: $ 1.14
Value of EM's Shares Traded (M$): $ 114 EM Share Price 52 Wk Avg: $0.78
Share Price at the Open: $0.67 EM's Share Price 52 Wk Low: $0.43



  News about Smart Share Global Ltd's Stock Splits and Dividends

Energy Monster Boosts Shareholder Confidence with Special Cash Dividend Announcement


Shanghai, China - In a move that is sure to inspire investor confidence, Smart Share Global Limited (Nasdaq: EM) announced today that its Board of Directors has approved a special cash dividend of US$0.015 per ordinary share, or US$0.03 per American Depositary Share (ADS). This announcement comes as Energy Monster, a leading consumer tech company providing mobile device charging services, continues to make strategic moves that prioritize shareholder value and growth.
The dividend will be distributed to holders of ordinary shares and ADSs of record as of the close of business on May 31, 2024, U.S. Eastern Time, payable in U.S. dollars. However, it is important to note that the dividend payment to the Company's ADS holders through the depositary bank will be subject to the terms of the deposit agreement. The eagerly anticipated payment date is projected to be on or around June 7, 2024, for holders of ordinary shares, and on or around June 14, 2024, for holders of ADSs.

Smart Share Global Gains Nasdaq Approval to Transfer Listing, Boosting Shareholder Confidence



Smart Share Global Limited, known as Energy Monster, a leading consumer tech company providing mobile device charging service, has received approval from the Nasdaq Stock Market LLC to transfer its listing from the Nasdaq Global Select Market to the Nasdaq Capital Market. This strategic move signifies the company's commitment to meet financial and corporate governance requirements while enhancing shareholder confidence.
I. Key details of the transfer:
- On December 20, 2023, the Listing Qualifications department of Nasdaq approved the transfer request.
- The transfer is expected to be effective from the opening of business on December 22, 2023.
- The Companys ADSs, trading uninterrupted under the symbol EM, will continue on the Nasdaq Capital Market.
- The Nasdaq Capital Market operates similarly to the Nasdaq Global Select Market with specific financial and corporate governance requirements.
II. Contextualizing Energy Monster's strategic moves:
On September 18, 2023, Energy Monster made significant strategic moves that boosted shareholder confidence. These moves align with the company's efforts to regain its growth trajectory in the market.

Energy Monster's Strategic Moves Point to Shareholder Confidence Boost


Shanghai, China, September 18, 2023 - In a bold move to bolster shareholder confidence and address recent market challenges, Smart Share Global Limited, also known as Energy Monster, has announced an extension of its share repurchase program and significant changes to its management team. This strategic update comes as the company aims to reestablish its position in the mobile device charging service industry.
The extension of Energy Monster's share repurchase program is a clear indication of the company's commitment to its shareholders. Through this program, the company will repurchase its own shares from the market, signaling confidence in its long-term growth prospects and emphasizing its belief in the underlying value of its stock. The repurchased shares can be utilized for various purposes, including employee incentivization, strengthening the balance sheet, and increasing earnings per share.





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