24/7 Market News Snapshot 28 August, 2025 – Sound Group Inc. American Depositary Shares (NASDAQ:SOGP)
DENVER, Colo., 28 August, 2025 (www.247marketnews.com) – (NASDAQ:SOGP) are discussed in this article.
Sound Group Inc. (SOGP) is currently experiencing a robust upward trajectory in the pre-market trading session, with shares priced at $4.371, representing a significant increase of 15.03% from the previous close of $3.800. This heightened trading activity, marked by a volume of 656.72K, signals strong investor interest and momentum, suggesting a promising continuation of the bullish trend. Analysts note that this price movement could entice additional buyers, potentially leading to further appreciation. Investors are advised to closely monitor key resistance levels and volume patterns to assess the sustainability of this bullish outlook.
In a strategic move to enhance shareholder value, Sound Group Inc. has announced the approval of a special cash dividend by its board of directors. Set at $0.005 per ordinary share, equivalent to $1.00 per American Depositary Share (ADS), this dividend is poised to benefit all ordinary shareholders and ADS holders recorded by the close of business on September 15, 2025. The total distribution is estimated to reach approximately $4 million, with payments expected on or around September 30, 2025. Holders of ADS will receive their dividends through Deutsche Bank Trust Company Americas, in line with the deposit agreement terms.
Mr. Jinnan (Marco) Lai, Founder and CEO of Sound Group, expressed enthusiasm regarding the dividend declaration, emphasizing the Company’s robust financial performance and commitment to rewarding shareholders. He remarked that this move not only reinforces the resilience of their business model but also reflects their focus on operational excellence and growth in a dynamic macroeconomic landscape. With a vision to create a powerful audio-centric platform, Sound Group remains dedicated to fostering connections and delivering long-term value to stakeholders while navigating a competitive industry environment.
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