JOYY Inc. Announces Transfer of Shares of HUYA Inc. to Tencent
JOYY Inc. - American Depositary Shares (YY)
Last joyy inc. - american depositary shares earnings: 3/16 06:00 pm
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Source: GlobeNewswire
GUANGZHOU, China, April 03, 2020 (GLOBE NEWSWIRE) -- JOYY Inc. (Nasdaq: YY) (“JOYY” or the “Company”), a global social media platform, today announced that, JOYY has transferred 16,523,819 Class B ordinary shares of HUYA Inc. (NYSE: HUYA) (“Huya”), a leading game live streaming platform in China, to Linen Investment Limited, a wholly-owned subsidiary of Tencent Holdings Limited (“Tencent”) for an aggregate purchase price of approximately US$262.6 million in cash, pursuant to Tencent’s exercise of its option to purchase additional shares of Huya from JOYY. The purchase price was determined based on the average closing prices of Huya’s American depositary shares in the last 20 trading days prior to the receipt of Tencent’s written exercise notice by JOYY and Huya in accordance with Huya’s second amended and restated shareholders agreement dated March 8, 2018. As a result of the closing of the share transfer, Tencent increased its voting power in Huya to 50.1% on a fully-diluted basis,
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News
- JOYY (YY) Surges 6.2%: Is This an Indication of Further Gains? [Yahoo! Finance]Yahoo! Finance
- JOYY to Announce Third Quarter 2024 Financial Results on November 26, 2024GlobeNewswire
- JOYY Inc. (NASDAQ: YY) had its price target raised by analysts at JPMorgan Chase & Co. from $30.00 to $35.00. They now have a "neutral" rating on the stock.MarketBeat
- JOYY Had A Sneaky Good Q2 [Seeking Alpha]Seeking Alpha
- JOYY Inc. (NASDAQ: YY) had its "hold" rating re-affirmed by analysts at Benchmark Co..MarketBeat
YY
Earnings
- 8/27/24 - Beat
YY
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- 9/5/24 - Form 144
- YY's page on the SEC website