Dingdong Shares Rise After Plans for Share Repurchases or Dividends

Dow Jones

02/11

By Chris Wack

Dingdong (Cayman) Limited shares were 7% higher, at $2.91, after the company said it intends to use a substantial majority of the cash proceeds from the sale of its China operations for share repurchases or the issuance of dividends to its shareholders.

The China-based fresh grocery e-commerce company previously entered into a definitive share purchase agreement with Two Hearts Investments Limited, a wholly owned subsidiary of Meituan, on Feb. 5.

Under the agreement, Dingdong Cayman has agreed to sell to all issued and outstanding shares of Dingdong Fresh Holding Limited, Dingdong Cayman's wholly owned subsidiary for cash consideration of up to $997 million.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

February 10, 2026 13:31 ET (18:31 GMT)

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issued and outstanding shares of Dingdong Fresh Holding Limited, Dingdong Cayman's wholly owned subsidiary for cash consideration of up to $997 million. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Chris Wack at chris.wack@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 10, 2026 13:31 ET (18:31 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dingdong Shares Rise After Plans for Share Repurchases or Dividends</title>\n<style 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style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Chris Wack \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/DDL\">Dingdong (Cayman)</a> Limited shares were 7% higher, at $2.91, after the company said it intends to use a substantial majority of the cash proceeds from the sale of its China operations for share repurchases or the issuance of dividends to its shareholders. \n</p>\n<p>\n  The China-based fresh grocery e-commerce company previously entered into a definitive share purchase agreement with Two Hearts Investments Limited, a wholly owned subsidiary of Meituan, on Feb. 5. \n</p>\n<p>\n  Under the agreement, Dingdong Cayman has agreed to sell to all issued and outstanding shares of Dingdong Fresh Holding Limited, Dingdong Cayman's wholly owned subsidiary for cash consideration of up to $997 million. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Chris Wack at chris.wack@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 10, 2026 13:31 ET (18:31 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0572944931.SGD","symbol_name":"Janus Henderson Horizon China Opportunities A2 SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2610678388","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610678388","pubTimestamp":1770748260,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Dingdong  Limited shares were 7% higher, at $2.91, after the company said it 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at $2.91, after the company said it intends to use a substantial majority of the cash proceeds from the sale of its China operations for share repurchases or the issuance of dividends to its shareholders. \n\n\n  The China-based fresh grocery e-commerce company previously entered into a definitive share purchase agreement with Two Hearts Investments Limited, a wholly owned subsidiary of Meituan, on Feb. 5. \n\n\n  Under the agreement, Dingdong Cayman has agreed to sell to all issued and outstanding shares of Dingdong Fresh Holding Limited, Dingdong Cayman's wholly owned subsidiary for cash consideration of up to $997 million. \n\n\n \n\n\n  Write to Chris Wack at chris.wack@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 10, 2026 13:31 ET (18:31 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}