May 26, 2017 / 1:11 PM / 3 months ago

BRIEF-Sina Corp announces distribution of Weibo shares

May 26 (Reuters) - Sina Corp:

* Sina Corp - ‍board has authorized and approved company's distribution of shares of Weibo Corp to company's shareholders on a pro rata basis​

* Sina Corp - ‍sina will distribute one Weibo class a ordinary share to holder of each ten Sina ordinary shares​

* Sina Corp - ‍holders of Sina ordinary shares that are settled through dtc will receive class a ordinary shares represented by Weibo ADSS​ Source text for Eikon: Further company coverage:

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