Aker Carbon Capture: Second-Quarter and Half-year Results 2025

Rhea-AI Summary

Aker Carbon Capture (OTC:AKRCY) announced significant corporate changes in Q2 2025. The company completed the sale of its 20% stake in SLB Capturi AS to Aker on May 14, 2025. Following this divestment, ACC distributed a cash dividend of NOK 2.86 per share, totaling approximately NOK 1.7 billion, to shareholders on June 20, 2025.

The Board of Directors has proposed to liquidate the company and will seek shareholder approval at an extraordinary general meeting on August 5, 2025. The company also plans to delist its shares from Euronext Oslo Børs. As of Q2 2025, ACC reported NOK 102 million in cash (adjusted for NOK 90 million in dividend withholding tax) and an equity position of NOK 92 million.

Positive

• Distribution of significant dividend of NOK 2.86 per share (NOK 1.7 billion total)
• Successful divestment of 20% stake in SLB Capturi AS

Negative

• Company plans to liquidate and delist from Euronext Oslo Børs
• Significant reduction in cash position following dividend distribution

FORNEBU, Norway, July 15, 2025 /PRNewswire/ -- Aker Carbon Capture ASA ("ACC ASA") today publishes its second-quarter and half-year results for 2025.

In the second quarter, ACC ASA made a strategic decision to divest its 20 percent ownership stake in SLB Capturi AS, through a sale to Aker which was completed 14 May 2025.

Following the completion of the sale, the Board of Directors of ACC ASA proposed a dividend payment of approximately NOK 1.7 billion which was approved by the shareholders in an extraordinary general meeting held on 6 June 2025. As announced, a distribution of a cash dividend of NOK 2.86 per share, amounting to approximately NOK 1.7 billion in total, was made to shareholders on 20 June 2025.

As announced on 9 May 2025, the Board of Directors in ACC ASA will propose to the company's shareholders that the company is liquidated, with any remaining cash distributed to shareholders as liquidation dividends. It is also proposed that the company shall apply for its shares to be delisted from Euronext Oslo Børs. The company will shortly call for an extraordinary general meeting to be held on 5 August 2025 where the liquidation of the company and delisting of the company's shares is on the agenda.

Financial results:

ACC ASA ended the second quarter 2025 with NOK 102 million in cash adjusted for NOK 90 million in remaining dividend withholding tax, and an equity position at NOK 92 million.

A summary of the Q2 2025 financials and the half year report are attached.

For further information:

Media and Investors: Mats Ektvedt Mobile: +47 41 42 33 28, mats.ektvedt@corpcom.no 

About Aker Carbon Capture ASA 

Aker Carbon Capture ASA was established as a separate entity in 2020, building on more than 20 years long experience and maturation of the carbon capture technology within Aker. A Joint Venture between SLB and Aker Carbon Capture, SLB Capturi, was established in June 2024 with SLB owning 80% and Aker Carbon Capture ASA indirectly owning 20% through its subsidiary, Aker Carbon Capture AS.

On 9 May 2025, Aker Carbon Capture ASA and Aker ASA announced an agreement whereby Aker, through a subsidiary of Aker Capital AS, acquired the 20% ownership interest in SLB Capturi AS held by Aker Carbon Capture ASA's subsidiary Aker Carbon Capture AS.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

This stock exchange announcement was published by Mats Ektvedt, Corporate Communications AS, on July 15, 2025, at 07:00 CEST.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/aker-carbon-capture-asa/r/aker-carbon-capture--second-quarter-and-half-year-results-2025,c4207063

The following files are available for download:

https://mb.cision.com/Public/20223/4207063/8c48229037cc3532.pdf	Aker Carbon Capture Q2 2025 Financials
https://mb.cision.com/Public/20223/4207063/b3cbc5245a68b4d4.pdf	Aker Carbon Capture Half-year report 2025

 

View original content:https://www.prnewswire.com/news-releases/aker-carbon-capture-second-quarter-and-half-year-results-2025-302505057.html

SOURCE Aker Carbon Capture ASA

FAQ

What is happening to Aker Carbon Capture (AKRCY) stock?

Aker Carbon Capture plans to delist from Euronext Oslo Børs and liquidate the company, pending shareholder approval at an extraordinary general meeting on August 5, 2025.

How much dividend did Aker Carbon Capture pay in Q2 2025?

The company distributed a cash dividend of NOK 2.86 per share, totaling approximately NOK 1.7 billion, paid to shareholders on June 20, 2025.

What is Aker Carbon Capture's current financial position in Q2 2025?

As of Q2 2025, the company holds NOK 102 million in cash (adjusted for NOK 90 million in dividend withholding tax) and maintains an equity position of NOK 92 million.

What major transactions did AKRCY complete in Q2 2025?

Aker Carbon Capture completed the sale of its 20% ownership stake in SLB Capturi AS to Aker on May 14, 2025.

When is Aker Carbon Capture's extraordinary general meeting scheduled?

The extraordinary general meeting is scheduled for August 5, 2025, where shareholders will vote on the company's liquidation and delisting proposals.