„Based on the preliminary results for the year ended December 31st, 2024, the Executive Board of OMV Petrom S.A. proposes a gross base dividend of RON 0.0444/share for the 2024 financial year, which is a 7.5% year on year increase, at the middle of the 5 -10% range stated in the dividend guidance,” reads the company’s statement.
The proposal for the base dividend complies with the current dividend policy and the dividend guidance as published on the OMV Petrom S.A.’s corporate website. The Executive Board’s final proposal for the distribution of base dividends for the financial year 2024 will be submitted for approval to the April 2025 Ordinary General Meeting of Shareholders, after the approval by the Supervisory Board, following Audit Committee review.
In addition, around the middle of 2025, the Executive Board will decide if a special dividend distribution is to be proposed. The potential proposal for distribution of special dividends will be subject to a future Ordinary General Meeting of Shareholders.
(English version by Catalina Apostoiu)