BEIJING, April 12, 2018 /PRNewswire/ -- Changyou.com
Limited ("Changyou") (NASDAQ: CYOU), a leading online game
developer and operator in China,
today announced that, based on the payment date of April 26, 2018 set for Changyou's
previously-announced special cash dividend of US$9.40 per ADS, NASDAQ has established
April 27, 2018 as the ex-dividend
date for the dividend. Accordingly, in order to be entitled
to receive the dividend, holders of ADSs must hold the ADSs as of
no later than the end of the day on April
26, 2018, the day before the ex-dividend date.
Under NASDAQ rules, the "ex-dividend" date applicable to a
dividend to be paid by a NASDAQ -listed company is the date on and
after which purchasers of the company's shares will not be entitled
to receive the dividend. NASDAQ has established April 27, 2018 as the ex-dividend date for
Changyou's special cash dividend pursuant to a special NASDAQ rule
providing that when a dividend is in a per share amount that equals
or exceeds 25% of a company's share price, the ex-dividend date
will be the first trading day following the payment date.
Changyou's special cash dividend of US$9.40 per ADS is more than 25% of the closing
price of US$29.97 for Changyou's ADSs
reported by NASDAQ for April 5, 2018,
the date on which Changyou's board of directors declared the
dividend.
About Changyou
Changyou.com Limited (NASDAQ: CYOU) is a leading developer and
operator of online games in China
with a diverse portfolio of popular online games, such as
Tian Long Ba Bu, one of the most
popular PC games in China, as well
as a number of mobile games. Changyou also owns and operates the
17173.com Website, a leading game information portal in
China. Changyou began operations
as a business unit within Sohu.com Inc. (NASDAQ: SOHU) in 2003, and
was carved out as a separate, stand-alone company in December 2007. It completed an initial public
offering on April 7, 2009. Changyou has an advanced technology
platform that includes advanced 2.5D and 3D graphics engines, a
uniform game development platform, effective anti-cheating and
anti-hacking technologies, proprietary cross-networking technology
and advanced data protection technology. For more information,
please visit http://ir.changyou.com.
For investor and media inquiries, please contact:
In China:
Changyou.com Limited
Investor Relations Department
Phone: +86 (10) 6192-0800
E-mail: ir@cyou-inc.com
In the United
States:
Ms. Linda Bergkamp
Christensen
Phone: +1 (480) 614-3004
Email: lbergkamp@ChristensenIR.com
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SOURCE Changyou.com Limited