NORBIT ASA Announces Proposed Cash Dividend
NORBIT ASA has made an important announcement regarding the proposed cash dividend to be paid to its shareholders. As part of their ongoing commitment to return value to investors, the board of directors has put forth a resolution suggesting a dividend of NOK 3.00 per share for the fiscal year 2024. This proposal will be presented for approval at the upcoming annual general meeting, reflecting the company's robust financial performance and dedication to its shareholders.
Key Dates for the Proposed Dividend
To assist shareholders in managing their expectations, NORBIT ASA has outlined several key dates related to the proposed dividend. These important timelines include the following:
Dividend Amount: NOK 3.00 per share
Announced Currency: NOK
Last Day Including Right: 6 May 2025
Ex-Dividend Date: 7 May 2025
Record Date: 8 May 2025
Payment Date: Approximately 16 May 2025
Date of Approval: 6 May 2025
Company Overview: NORBIT ASA
NORBIT ASA is well-regarded as a global technology provider, specializing in innovative solutions tailored for specific applications. The company is dedicated to solving prevalent challenges while promoting sustainability, a goal encapsulated in their mission to "Explore More." With its operations divided into three primary business segments—Oceans, Connectivity, and Product Innovation & Realization—NORBIT effectively serves several key markets worldwide.
Oceans Segment
The Oceans segment is focused on delivering specialized technology solutions for global maritime markets. By leveraging innovative technology, this segment provides clients with the tools necessary to enhance their maritime operations, contributing significantly to the industry.
Connectivity Segment
NORBIT’s Connectivity segment excels in providing wireless solutions for identification, monitoring, and tracking purposes. These services empower businesses to streamline their operations and improve efficiency through advanced connectivity options.
Product Innovation & Realization
Lastly, the Product Innovation & Realization segment is dedicated to research and development services, proprietary product offerings, and contract manufacturing tailored to the needs of key customers. This diverse approach allows NORBIT to maintain a competitive edge in a rapidly evolving market.
Headquartered in Trondheim, NORBIT ASA operates manufacturing facilities across Europe and North America and boasts a dedicated workforce of approximately 550 employees. The company’s global sales and distribution platform underpins its operations, facilitating its outreach to customers worldwide.
Leadership Contact Information
For any further inquiries, interested parties are encouraged to reach out to the company’s leadership. Per Jørgen Weisethaunet, the CEO, can be contacted at +47 959 62 915, while Per Kristian Reppe, the CFO, is available at +47 900 33 203.
Frequently Asked Questions
What is the proposed dividend amount for NORBIT ASA?
The proposed dividend amount is NOK 3.00 per share for the fiscal year 2024.
When will the dividend be paid?
The payment date for the dividend is approximately 16 May 2025.
How does the dividend fit into NORBIT ASA's overall strategy?
The dividend aligns with NORBIT ASA’s commitment to returning value to shareholders while supporting sustained company growth.
Who can I contact for more information about the company?
You can reach Per Jørgen Weisethaunet, CEO, at +47 959 62 915 or Per Kristian Reppe, CFO, at +47 900 33 203.
In what business segments does NORBIT ASA operate?
NORBIT ASA operates in three segments: Oceans, Connectivity, and Product Innovation & Realization, targeting various global markets with specialized solutions.
