#dividends #Oslo Stock Exchange #Norway #Oslo #Elkem ASA

Overview of Elkem ASA’s Ex-Dividend Announcement

On May 2, 2025, Elkem ASA, a prominent player in silicon-based materials, announced the ex-dividend trading of NOK 0.30 per share effective immediately. For shareholders, this means that anyone purchasing Elkem stocks today will not be eligible for the upcoming dividend, which is a crucial detail for investors. The move falls under specific guidelines outlined in the Norwegian Securities Trading Act, which mandates disclosures related to dividend distributions.

About Elkem ASA

Founded in 1904, Elkem ASA is a globally recognized manufacturer of silicon-based materials. The company operates with a commitment to sustainability, developing a wide range of products including silicones, silicon products, and carbon solutions. Elkem positions itself as a leader in innovation, catering to sectors that range from electric vehicles to digital communications and even health and personal care. Employing over 7,200 personnel worldwide, the company focuses on harnessing natural raw materials and renewable energy to bolster its mission of creating a better future.

Financial Performance

In 2024, Elkem reported a remarkable operating income of NOK 33 billion, showcasing its substantial market presence and effective business operations. Its impressive performance is underscored by its ratings on key environmental factors, earning an 'A' rating from CDP for its efforts in forest and water security, along with a 'B' for its impact on climate change. Investors keen on ethical investment will find Elkem's commitment to sustainability appealing, especially as the company is listed on the Oslo Stock Exchange under the ticker symbol ELK and part of the ESG Index.

Shareholder Implications

With the recent announcement about the dividend, it’s crucial for current and prospective shareholders to be aware of the implications regarding their investments. Investors who acquire the stock after today’s date will not receive the NOK 0.30 dividend; therefore, timing is essential for anyone looking to take advantage of this payment. For those holding shares prior to this announcement, the dividend represents a direct benefit and can influence future investment decisions.

Additional Information

Investors seeking more details can connect with Odd-Geir Lyngstad, VP of Finance and Investor Relations at Elkem. He is reachable via phone at +47 976 72 806 or through email. Comprehensive insights into Elkem's ventures and sustainability practices can also be found on their official website, elkem.com. This rich portfolio of information helps stakeholders stay informed about the company’s financial health and strategic direction. Investors are encouraged to stay attuned to Elkem's announcements to maximize their investment potential and align their portfolios with sustainable growth.

Conclusion

The ex-dividend declaration of NOK 0.30 symbolizes Elkem ASA’s ongoing commitment to delivering value to its shareholders amidst its robust financial growth. By maintaining transparency in its operations and adhering to regulatory standards, Elkem continues to bolster its reputation as a trusted investment, while paving the way for a sustainable future. As markets continue to evolve, Elkem’s efforts in innovation and environmental conservation place it at the forefront of both industrial and consumer needs.