Tuya Broadcasts Declaration of Particular Dividend Tuya, a leading provider of IoT solutions, has recently announced the declaration of a particular dividend for its shareholders. This move comes as a result of the company’s strong financial performance and commitment to creating value for its investors. The declaration of this particular dividend is a testament to Tuya’s dedication to rewarding its shareholders for their continued support and trust in the company. By sharing its success with investors through dividends, Tuya is demonstrating its commitment to maintaining a strong relationship with its shareholders and ensuring their long-term satisfaction. This particular dividend is a reflection of Tuya’s confidence in its business model and growth prospects. The company has been experiencing steady growth in recent years, thanks to its innovative IoT solutions and strategic partnerships. By sharing its profits with shareholders, Tuya is not only rewarding them for their investment but also giving them a stake in the company’s future success. As Tuya continues to expand its presence in the IoT market and explore new opportunities for growth, the declaration of this particular dividend sends a positive signal to investors about the company’s financial health and long-term outlook. Shareholders can take comfort in the fact that Tuya is committed to creating value for them and ensuring a strong return on their investment. In conclusion, the declaration of a particular dividend by Tuya is a clear indication of the company’s strong performance and commitment to its shareholders. By sharing its success with investors, Tuya is reinforcing its position as a reliable and profitable investment opportunity in the fast-growing IoT industry. Shareholders can look forward to reaping the benefits of this particular dividend and participating in Tuya’s future growth and success.
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Tuya Broadcasts Declaration of Particular Dividend

Tuya, a leading provider of IoT solutions, has recently announced the declaration of a particular dividend for its shareholders. This move comes as a result of the company’s strong financial performance and commitment to creating value for its investors.

The declaration of this particular dividend is a testament to Tuya’s dedication to rewarding its shareholders for their continued support and trust in the company. By sharing its success with investors through dividends, Tuya is demonstrating its commitment to maintaining a strong relationship with its shareholders and ensuring their long-term satisfaction.

This particular dividend is a reflection of Tuya’s confidence in its business model and growth prospects. The company has been experiencing steady growth in recent years, thanks to its innovative IoT solutions and strategic partnerships. By sharing its profits with shareholders, Tuya is not only rewarding them for their investment but also giving them a stake in the company’s future success.

As Tuya continues to expand its presence in the IoT market and explore new opportunities for growth, the declaration of this particular dividend sends a positive signal to investors about the company’s financial health and long-term outlook. Shareholders can take comfort in the fact that Tuya is committed to creating value for them and ensuring a strong return on their investment.

In conclusion, the declaration of a particular dividend by Tuya is a clear indication of the company’s strong performance and commitment to its shareholders. By sharing its success with investors, Tuya is reinforcing its position as a reliable and profitable investment opportunity in the fast-growing IoT industry. Shareholders can look forward to reaping the benefits of this particular dividend and participating in Tuya’s future growth and success.

Tuya Inc., a leading cloud platform service provider, recently made a significant announcement regarding the declaration of a special dividend for its shareholders. The Board of Directors of the Company approved the distribution of a special dividend of US$0.0589 per common share, or US$0.0589 per ADS, to shareholders as of the close of business on September 11, 2024.

The total amount of the special dividend is expected to be approximately US$33 million and will be paid in U.S. dollars in cash. This dividend will be funded by surplus cash and will be paid out from the share premium account of the Company. The decision to declare such distributions and the amount of the dividend will be based on the Company’s operations and earnings, including factors such as GAAP and Non-GAAP net income, cash flows, financial status, and other relevant considerations.

In order to qualify for the special dividend, shareholders must ensure that all necessary documents for the transfer of shares are submitted to the Company’s registrars in Hong Kong and the Cayman Islands by the specified deadlines. The payment date for the dividend is expected to be on or around October 9, 2024, for common shareholders and October 15, 2024, for ADS holders.

Tuya Inc. is a global leader in providing cloud services and aims to create a smart solutions developer ecosystem. Through its innovative cloud platform, Tuya offers a wide range of services, including Platform-as-a-Service (PaaS), Software-as-a-Service (SaaS), and intelligent solutions for developers and industries. The Company has built a vibrant global developer community to drive innovation and collaboration in the smart solutions ecosystem.

The Company uses non-GAAP financial measures to assess its operating performance and formulate business plans. These measures exclude certain items such as share-based compensation expenses, credit-related impairment of long-term investments, and litigation costs from the GAAP financial measures. Tuya believes that these non-GAAP financial measures provide a more accurate representation of its operating performance to investors.

This press release contains forward-looking statements that are subject to risks and uncertainties. Investors are advised to review the Company’s financial information in its entirety and not rely solely on a single financial measure. Reconciliations of Tuya’s non-GAAP financial measures to the most directly comparable GAAP measures are provided at the end of the press release.

In conclusion, the declaration of a special dividend by Tuya Inc. reflects the Company’s commitment to rewarding its shareholders and enhancing shareholder value. By leveraging its strong financial position and innovative cloud platform, Tuya continues to drive growth and create value for its stakeholders. Tuya Inc. recently made an announcement regarding the declaration of a particular dividend, signaling positive news for investors. This move is a strategic decision that will benefit shareholders and further strengthen the company’s financial position.

The decision to declare a particular dividend reflects Tuya Inc.’s commitment to creating value for its investors and rewarding them for their continued support. By distributing a portion of its earnings to shareholders, the company is demonstrating its confidence in its financial performance and future prospects.

In a statement, Tuya Inc. emphasized the importance of transparency and accountability in its investor relations. The company highlighted the potential risks and uncertainties associated with forward-looking statements, urging investors to evaluate these factors carefully.

Investor Relations Contact
For more information about Tuya Inc.’s investor relations, interested parties can reach out to the company via email at [email protected] or contact the Blueshirt Team at +1 (323) 240-5796. The company is committed to providing timely and accurate information to its investors and stakeholders.

Overall, Tuya Inc.’s declaration of a particular dividend is a positive development that underscores the company’s financial strength and commitment to delivering value to its shareholders. This move reflects Tuya Inc.’s confidence in its business strategy and future growth prospects, positioning the company for continued success in the market.

Investors and stakeholders can stay informed about Tuya Inc.’s latest developments and financial performance by visiting the company’s website or contacting the investor relations team. Tuya Inc. remains focused on driving growth, creating value, and delivering strong returns to its investors.