Orient International Enterprise (SHA:600278) directors approved 490 million yuan in outward investments in 2026, according to a Tuesday filing with the Shanghai bourse.
The amount is 7 million yuan lower than the 2025 figure.
Seven subsidiaries and the headquarters are approved to apply up to 440 million yuan, while the other subsidiaries will be approved to apply for the remaining 50 million yuan.
Kurita Water Industries (TYO:6370) declared a year-end dividend of 56 yen per share for the fiscal year ended March 31, matching earlier forecasts and higher than the 46 yen per share paid a year ago.The total dividend payment amounts to 6.15 billion yen, payable from retained earnings on June 26, according to a Tokyo bourse filing on Tuesday.For the fiscal year ending March 31, 2027, Kurita Water Industries expects a total dividend of 112 yen per share, consisting of an interim and year-end dividend of 56 yen each.
Xiaomi (HKG:1810) is launching a new share repurchase program effective June 2 to buy back up to HK$20 billion of class B shares over the next 12 months, according to a Tuesday Hong Kong bourse filing.The tech giant will subsequently cancel the repurchased shares.The buyback is subject to shareholder approval.
Software developer Shift (TYO:3697) decided to consolidate the back-office functions of 15 group companies through an absorption-type company split, with Shift as the succeeding company.The back-office consolidation targets functions such as human resources and treasury across subsidiaries, according to a Tokyo bourse filing on Tuesday.This follows Shift's standalone achievement of reducing back-office manhours through AI agents by breaking down operations into 892 individual tasks.The reorganization also includes an absorption-type merger among three consolidated subsidiaries, with ALH as the surviving company absorbing SPST and TRUST BRAIN, effective Sept. 1.No new shares or consideration will be issued for either the company split or the merger, as both are intra-group transactions.