China Green Agriculture Inc (CGA.N)
22 Jul 2016
Latest Key Developments (Source: Significant Developments)
China Green Agriculture Inc:Announced a private placement in the company's common stock.Approved a private placement investment in the company's common stocks from Tao Li, chairman and CEO of the Company on Oct. 1.In the transaction, the company offers, sells and issues 496,445 shares of its common stock, par value $0.001 per share, in a private placement to Tao Li, at a purchase price of $2.25 per share, the closing price of the Common Stock on Oct. 1, for an aggregate purchase price of $1,117,000. Full Article
China Green Agriculture Inc:Declares first cash dividend of $0.10 per share to the company's stockholders of common stock.First cash dividend is payable on or about Jan. 31, 2015 to stockholders of record as of the close of business on the record date of Oct. 31, 2014. Full Article
China Green Agriculture Inc:Expects Q1 2015 revenue to be in the range of $50.7 -$54.3 mln.Expects Q1 2015 net income to be in the range of $5.9 - $7.8 mln.Expects Q1 2015 EPS to be in the range of $0.18 to $0.24 based on 32.4 mln fully diluted shares.Expects FY 2015 revenue to be in the range of $254.7 - $268.8 mln.Expects FY 2015 net income to be in the range of $26 - $35.1 mln.Expects FY 2015 EPS to be in the range of $0.8 to $1.08 based on 32.4 mln fully diluted shares. Full Article
* Total purchase price includes $6 million in cash and $8 million in convertible notes.