Important Update on Extraordinary Share Distribution at Avance

Author: Ryan Hughes Updated: 04-16-2025 01:15 AM

Significant Update on Extraordinary Distribution

The company Avance Gas Holding Ltd has recently announced an extraordinary distribution of USD 0.74 per share. This crucial update is important for shareholders and those interested in learning more about the company's financial decisions.

Breakdown of the Extraordinary Distribution

The distribution consists of a return of capital of $0.16 per share and a dividend payment of $0.58 per share. The declared currency for this distribution is USD, reflecting the company's commitment to delivering value to its investors.

Important Dates to Note

Shareholders should take note of several key dates associated with this distribution:

Last day including right: This deadline is April 23, 2025.
Ex-date: Shareholders need to be aware that the ex-date is April 24, 2025.
Record date: The record date, when share ownership is determined, is April 25, 2025.
Payment date: The anticipated payment date for this distribution is May 7, 2025.
Date of Approval: The approval of this distribution occurred on April 15, 2025.

Understanding Extraordinary Distributions

Extraordinary distributions like this one are significant as they indicate a company’s financial health and strategy for returning profits to shareholders. Such distributions often occur when a company has excess cash that it wants to share with its investors. For Avance Gas Holding Ltd, this distribution reflects a solid financial position and a commitment to returning value.

Impact on Shareholders

For current shareholders, this extraordinary distribution is good news. The division of USD 0.74 per share showcases the company's ability to generate profit and return some of that capital directly to those who hold shares. It is essential for shareholders to consider how this might affect their investment strategy going forward.

Company Overview and Future Outlook

Avance Gas Holding Ltd operates in the shipping sector, focusing on the transportation of liquefied natural gas. As the energy market continues to evolve, Avance is positioned to take advantage of various market conditions. Investors looking at Avance Gas Holding Ltd can feel confident knowing that the company is actively engaged in distributing profits, ensuring the well-being of its shareholders.

Frequently Asked Questions

What is the total amount of extraordinary distribution per share?

The extraordinary distribution totals USD 0.74 per share.

When is the payment date for this distribution?

The payment date for the extraordinary distribution is scheduled for May 7, 2025.

What are the components of the extraordinary distribution?

The distribution comprises a return of capital of $0.16 and a dividend of $0.58 per share.

How can shareholders participate in the distribution?

Shareholders must hold their shares before the ex-date of April 24, 2025, to be entitled to the distribution.

What does this distribution mean for Avance's financial health?

This distribution is a positive indication of Avance Gas Holding Ltd's robust financial position and commitment to its shareholders.

About The Author

Hello, my name is Ryan Hughes. I am a financial, economics, and stock market specialist committed to assisting people in negotiating the intricacies of the financial system. Having a great deal of experience and a thorough grasp of market dynamics and economic trends, my area of expertise is converting complex financial ideas into understandable, practical knowledge. By use of my articles and blog entries, I hope to give you the information and assurance you need to make wise financial choices.

I've had the honor of interacting with a wide range of readers as a writer for several financial blogs, from new investors to seasoned market participants. To enable you to reach your financial goals, I want to make finance, economics, and stock market trends understandable and approachable. I appreciate you traveling with me toward success and financial literacy.

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