Aker Carbon Capture to Distribute Cash Dividend in March 2025: Important Details

Aker Carbon Capture ASA's Upcoming Cash Dividend



Aker Carbon Capture ASA, a prominent player in the carbon capture technology sector, has recently made an important announcement regarding a cash dividend for its shareholders planned for March 2025. The details were disclosed on February 12, 2025, where the company's Board of Directors has made a resolution to propose this dividend at the forthcoming extraordinary general meeting (EGM) set for March 7, 2025.

Key Details of the Cash Dividend


The proposed dividend will amount to NOK 5.80 per share, of which NOK 4.82 is expected to be paid out in March 2025. The remaining NOK 0.98 is earmarked for disbursement in May 2025, contingent upon the successful completion of a capital reduction process.

Here are the essential numbers associated with this dividend payment:

  • - Dividend amount: NOK 4.82 per share
  • - Declared currency: NOK (Norwegian Krone)
  • - EGM Approval Date: March 7, 2025
  • - Last day to include right: March 7, 2025
  • - Ex-date: March 10, 2025
  • - Record Date: March 11, 2025
  • - Payment date: Expected around March 19, 2025

Significance of the Dividend


This financial maneuver highlights Aker Carbon Capture ASA’s commitment to providing growth and returns to its investors amidst a growing market for sustainable technology solutions. The company continues to solidify its position in the carbon capture industry, and this dividend signifies the board’s confidence in the company's ongoing projects and future profitability.

What Should Shareholders Do?


For existing shareholders, it is crucial to follow through during the upcoming EGM scheduled for March 7, 2025, for a vote on the proposed dividend. It will shape the trajectory of the company's financial landscape, especially regarding shareholder returns. Interested shareholders can prepare by verifying their shareholdings, and ensuring their eligibility for voting.

Conclusion


As the deadline approaches, further information will likely be shared, especially in a separate notice regarding the proposed payment in May 2025. Investors and stakeholders are encouraged to stay updated with announcements from Aker Carbon Capture ASA and consult their financial advisors before making investment decisions.

For further inquiries, media representatives can connect with Mats Ektvedt at +47 41 42 33 28 or via email at [email protected]. This leading carbon capture company continues to play a vital role in environmental innovations and market advancements in Norway and beyond.

Topics Financial Services & Investing)

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