OSLO, Norway, Nov. 6, 2024 /PRNewswire/ -- The Net Asset Value ("NAV") of Aker ASA and holding companies ("Aker") was NOK 57.0 billion at the end of the third quarter 2024, compared to NOK 63.9 billion at the end of the second quarter 2024. Aker's Board of Directors has approved to pay an additional cash dividend of NOK 35.50 per share, for a total of NOK 2.6 billion, in the fourth quarter, bringing the total dividend to NOK 3.8 billion, or NOK 51 per share, for the full year.
"Aker ended the third quarter with a more streamlined and cash-generative investment portfolio. This enables us to pay an additional NOK 35.50 per share in cash dividend. Furthermore, for the first time, the Aker's board is adjusting the dividend policy upward to 4-6% of NAV annually. Despite a decrease in our Net Asset Value this quarter, primarily due to lower oil prices, these actions reflect how we are playing to our strengths, including active ownership and transactional capabilities, to drive value creation," said Øyvind Eriksen, President & CEO of Aker ASA.
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