Aker Carbon Capture ASA Achieves Share Capital Reduction and Announces Dividend Plans

Aker Carbon Capture ASA Completes Share Capital Reduction

Aker Carbon Capture ASA, based in Norway, has recently concluded a significant financial restructuring by reducing its share capital. On March 7, 2025, an extraordinary general meeting was held where it was decided to lower the company's share capital, setting the new nominal value for each share. This strategic move aims to strengthen the company’s financial footing in the competitive carbon capture market.

The company has successfully reduced its total share capital to NOK 12,084,844.36 by decreasing the nominal value per share from NOK 1.00 to NOK 0.02. This change follows a six-week creditor notification period, which concluded on April 22, 2025. The reduction has now been officially registered with the Norwegian Register of Business Enterprises, finalizing the procedural aspects crucial for this financial strategy.

With this share capital reduction, Aker Carbon Capture ASA’s equity is now divided into 604,242,218 shares, each valued at NOK 0.02. Such measures are often indicative of a firm’s effort to optimize its capital structure, potentially paving the way for future investments and growth opportunities within the green technology sector.

In a related move, the extraordinary meeting also resolved to distribute dividends valued at NOK 0.98 per share to eligible shareholders as of April 25, 2025. Shareholders recorded in the VPS on April 29, 2025, will be entitled to this dividend, which is earmarked for payment around May 7, 2025. However, it's important to note that the company’s shares will trade without the dividend right starting from April 28, 2025.

This decision reflects Aker Carbon Capture’s commitment to rewarding its shareholders while simultaneously restructuring for enhanced operational efficiency. As the interest in carbon capture technologies continues to surge in correlation with global efforts for emissions reduction, Aker Carbon Capture is well-positioned for future prospects. The company has established a notable presence in the industry owing to its rich history and robust technology development, having been founded in 2020 and already forming a joint venture with SLB in 2024 called SLB Capturi, where SLB holds 80% ownership.

The financial restructuring, coupled with a dividend distribution, signals a proactive approach towards maintaining stakeholder confidence and generating interest amongst potential investors. With a track record of over 20 years in carbon capture technology, Aker Carbon Capture ASA seems poised for sustainable growth in the rapidly evolving energy sector.

For additional queries or detailed insights, investors and media representatives are encouraged to reach out to Mats Ektvedt from the company for further assistance.

This new phase marks an exciting time for Aker Carbon Capture ASA as it navigates the demands of environmental accountability while also looking towards profitability and shareholder satisfaction. By leveraging innovative technologies and establishing strategic partnerships, Aker continues to make strides in enhancing not just its capital structure but also its overarching mission to contribute significantly to carbon management around the globe.