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Aker Carbon Capture ASA Set to Dissolve, Shareholders to Receive Final Dividend

Shareholders are set to receive a final dividend before Aker Carbon Capture ASA's delisting. The company's dissolution is imminent, with an extraordinary general meeting marking the last formal step.

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2 min read
In this picture it looks like a pamphlet of a company with an image of a cup on it.
In this picture it looks like a pamphlet of a company with an image of a cup on it.

Aker Carbon Capture ASA Set to Dissolve, Shareholders to Receive Final Dividend

Aker Carbon Capture ASA is set to dissolve as a public entity, following a strategic realignment that culminated in the formation of 'SLB Capturi' in June 2024. Shareholders are poised to receive significant dividends before the company's delisting from the Euronext Oslo Børs.

The liquidation process, not due to financial struggles, has already yielded substantial dividends. In June 2024, shareholders received 2.86 NOK per share, totalling approximately 1.7 billion NOK. Earlier, a larger dividend of 5.80 NOK per share was distributed. The final dividend payout, a liquidation dividend of 0.141 NOK per share, is expected on October 13, amounting to around 85.2 million NOK for shareholders.

An extraordinary general meeting is scheduled for October 17 at 12:00 PM to vote on the approved liquidation balance sheet, marking the last formal step before the company's dissolution. The last trading day with dividend claim is October 2, with ex-dividend trading beginning on October 3 and the record date for dividend-entitled shareholders falling on October 6.

Market analysts have recently advised selling Aker Carbon Capture stock due to a persistent downtrend and high volatility. The stock price has been declining and is currently in the upper part of a wide, falling trend. However, a break above $0.0257 could signal a slower rate of decline or trend reversal, potentially presenting a buying opportunity.

Aker Carbon Capture ASA's dissolution as a public entity is imminent, with shareholders set to receive a final liquidation dividend of 0.141 NOK per share. While recent market analysis suggests a cautious approach, the outcome of the extraordinary general meeting on October 17 will formally conclude the company's existence on the Euronext Oslo Børs.

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