China Digital TV (STV) Announces Date of Special Dividend
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China Digital TV Holding Co., Ltd. (NYSE: STV) announced that the payment of a special cash dividend to its shareholders, initially scheduled to be made on or around December 30, 2011, has received regulatory approval by the foreign exchange authority in China for the repatriation of U.S. dollars.
The Company will transfer the dividend payment on April 6, 2012 to its eligible shareholders, among whom American Depositary Receipt (ADR) holders will receive the dividend payment approximately seven business days after the transfer in accordance with the ADR bank distribution process
The Company will transfer the dividend payment on April 6, 2012 to its eligible shareholders, among whom American Depositary Receipt (ADR) holders will receive the dividend payment approximately seven business days after the transfer in accordance with the ADR bank distribution process
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