Aker Carbon Capture ASA Confirms Cash Dividend Plans Ahead

Aker Carbon Capture ASA Dividends: Key Highlights
Aker Carbon Capture ASA is making significant strides in the financial realm as it proposes an extraordinary cash dividend for its shareholders. This decision comes on the heels of a recent announcement regarding a major transaction involving the company’s ownership stake in SLB Capturi.
Understanding the Proposed Dividend
The proposed dividend payment stands at NOK 2.86 per share, with an anticipated total distribution of approximately NOK 1.7 billion to all shareholders. This substantial amount demonstrates the company's commitment to returning value to its investors.
Details of the Dividend Payment
In order for the dividend to be paid out, it must first receive approval from the extraordinary general meeting (EGM). This has been scheduled for an upcoming date.
Implementation Timeline
Several key dates are essential for shareholders to note:
- Approval Date: The dividend will be subject to EGM approval.
- Last Day Including Rights: Shareholders must hold shares until the 6th of June to qualify.
- Ex-Dividend Date: Starting from the 10th of June, shares will trade without the entitlement to this dividend.
- Record Date: The official record will be established on the 11th of June.
- Payment Date: Payments will be processed on or about the 20th of June, pending necessary approvals.
Company Overview
Aker Carbon Capture ASA has been at the forefront of carbon capture technology development since its establishment as an independent entity in 2020. Leveraging over two decades of experience, the company aims to innovate and lead in this essential field.
Recent Strategic Developments
As part of its growth strategy, Aker Carbon Capture entered into a joint venture named SLB Capturi, where it owns a 20% stake. This collaboration with SLB indicates a strong commitment to advancing carbon capture technologies, marking a pivotal moment for the company.
Acquisition Announcement
On the 9th of May, a significant agreement was announced. Aker ASA will acquire the 20% ownership interest in SLB Capturi from Aker Carbon Capture ASA. This strategic move is part of a comprehensive operational plan, providing a robust foundation for future developments.
Conclusion
As Aker Carbon Capture ASA prepares for its general meeting, shareholders can look forward to a well-structured plan for dividends, confirming the company's financial health. With ongoing advancements in technology and strategic partnerships, Aker Carbon Capture is poised for a promising future.
Frequently Asked Questions
What is the proposed dividend amount from Aker Carbon Capture ASA?
The proposed dividend amount is NOK 2.86 per share for shareholders.
When is the proposed payment date for the dividend?
Payment is expected to occur on or about the 20th of June, pending approvals.
What are the critical dates for shareholders regarding the dividend?
The key dates include the last day to include rights on 6th June and the ex-dividend date on 10th June.
How much total will Aker Carbon Capture ASA distribute in dividends?
The total distribution is estimated to be around NOK 1.7 billion to shareholders.
What does the joint venture SLB Capturi entail?
SLB Capturi is a joint venture where Aker Carbon Capture ASA owns a 20% stake, established to enhance carbon capture technologies collaboratively.
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