What will be the approximate value of this share distribution?

Based on Meituan’s Wednesday closing price of HK$162.3 a share, or $20.74, the payout will be worth approximately $20 billion in total. This reflects the value at the time of the announcement.

Electronics

Tencent to hand $20 billion Meituan stake to shareholders as sales slip

By Minjun Park

1 min readUpdated Jun 4, 2025Nov 17, 20228:04 AM

In this article (5)

The internet giant said Wednesday that Tencent Holdings Ltd. will distribute 90% of its holdings in meal delivery giant Meituan to shareholders as a special dividend.

Tencent will hand out 958 million of Meituan’s B shares to shareholders at a rate of one Meituan share for every 10 Tencent shares. Based on Meituan’s Wednesday closing price of HK$162.3 a share ($20.74), the payout will worth roughly $20 billion.

As of June 30, Tencent owned more than 1 billion of Meituan’s B shares, or 19.75%, making it the biggest shareholder. The distribution will leave Tencent with less than 2% of Meituan. Tencent said it expects to complete the distribution in March.

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Questions & Answers

What is Tencent distributing to its shareholders?

Tencent Holdings Ltd. Will distribute 90% of its holdings in meal delivery giant Meituan. This equates to 958 million of Meituan’s B shares, given out as a special dividend to its shareholders.

How many Meituan shares will a Tencent shareholder receive?

Shareholders will receive one Meituan share for every 10 Tencent shares they own. This distribution is planned to be completed by March, according to Tencent's statement.

How much of Meituan will Tencent still own after the distribution?

Tencent owned 19.75% of Meituan, or more than 1 billion B shares, as of June 30. After distributing 90% of its holdings, Tencent will be left with less than 2% of Meituan.