Understanding AKVA group ASA's Cash Dividend Announcement
Understanding AKVA group ASA's Cash Dividend Announcement
AKVA group ASA has made headlines with its recent announcement regarding a cash dividend for its shareholders. This is based on the financial results released for the fourth quarter of the previous year. The decision was made by the Board of AKVA group ASA, which has resolved to distribute a dividend of NOK 1.00 per share during the first half of the upcoming year. This translates to a substantial total dividend distribution amounting to NOK 36,309,017.
Key Details of the Dividend
Here are the pivotal details regarding the cash dividend:
Dividend amount: NOK 1.00 per share
Currency: NOK
Last Day Inclusive: 7 April 2025
Ex-Date: 8 April 2025
Record Date: 9 April 2025
Payment Date: On or about 15 April 2025
Date of Approval: 12 February 2025
Significance of the Dividend Declaration
This declaration is crucial for investors and stakeholders as it reflects AKVA group ASA's commitment to returning value to its shareholders. The decision to distribute dividends is often seen as a sign of a healthy and profitable business, indicating confidence in continued financial performance. Such announcements are vital as they influence stock prices and investor sentiment, making it essential for shareholders to remain informed on such matters.
Regulatory Compliance
This announcement is in accordance with Euronext Oslo's requirements, ensuring transparency and compliance with rules governing issuer communications. This allows shareholders to make informed decisions based on the latest financial information provided by the company.
Contact Information for Inquiries
For any further inquiries regarding the cash dividend or other matters, interested parties can reach out to the AKVA group ASA leadership:
Knut Nesse - Chief Executive Officer
Phone: +47 51 77 85 00
Mobile: +47 91 37 62 20
Email: knesse@akvagroup.com
Ronny Meinkøhn - Chief Financial Officer
Phone: +47 51 77 85 00
Mobile: +47 98 20 67 76
Email: rmeinkohn@akvagroup.com
Frequently Asked Questions
What is the dividend amount per share for AKVA group ASA?
The dividend amount is NOK 1.00 per share.
When is the payment date for the dividend?
The payment date is expected to be around 15 April 2025.
What does the ex-date signify?
The ex-date, which is 8 April 2025, is the last date on which eligible shareholders can purchase shares to receive the dividend.
Who can shareholders contact for more information?
Shareholders can contact Knut Nesse, CEO, or Ronny Meinkøhn, CFO, via their respective email addresses for inquiries.
Is there a significant reason behind the dividend distribution?
The dividend distribution reflects the company's ongoing profitability and commitment to shareholder value, showcasing the board's confidence in future financial performance.
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