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Aker Carbon Capt Stock Price, News & Analysis

AKRCY OTC

Welcome to our dedicated page for Aker Carbon Capt news (Ticker: AKRCY), a resource for investors and traders seeking the latest updates and insights on Aker Carbon Capt stock.

Aker Carbon Capture ASA (AKRCY) is presented in company announcements as a former operating company that entered a formal liquidation process after selling its indirect stake in the joint venture SLB Capturi AS. The news flow around Aker Carbon Capture ASA focuses on extraordinary general meetings, dividend distributions, liquidation steps, and regulatory disclosures rather than ongoing business operations.

Readers following AKRCY-related news can expect detailed updates on corporate actions such as the sale of the 20% ownership interest in SLB Capturi AS, decisions to distribute cash dividends, and resolutions to liquidate the company and apply for delisting from Euronext Oslo Børs. Announcements describe how the board prepared an audited liquidation balance sheet, called virtual extraordinary general meetings, and set out key information on liquidation dividends, including amounts per share and relevant dates.

News items also cover governance and legal aspects, including references to the Norwegian Securities Trading Act, the Norwegian Public Limited Liability Companies Act, and Euronext Oslo Rule Book II. There are disclosures about large shareholdings and internal reorganizations within the Aker group, as well as notes that some shareholders may be considering legal action in relation to past transactions, with the company stating that no formal claims have been made.

This news page allows investors and researchers to follow the sequence of events that led from Aker Carbon Capture ASA’s role as an owner in SLB Capturi AS to its decision to cease investment and operational activities, return cash to shareholders, and proceed through liquidation. By reviewing these announcements together, users can understand the company’s final phase, the timing and structure of distributions, and the regulatory framework governing its wind-down.

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Aker Carbon Capture has secured a test campaign and feasibility study for Fortum Waste Solutions in Nyborg, Denmark, focusing on carbon capture with a target capacity of 170,000 tonnes CO2/year. The initiative aims to support Fortum's goals for carbon neutrality by 2030, leveraging Aker's modular carbon capture technology. Following a previous project at Twence's facility in the Netherlands, insights gained will enhance this new study. The project includes a Mobile Test Unit replicating a full-scale Aker plant, ensuring reliable results for potential large-scale implementation. Denmark aims for a 70% reduction in greenhouse gas emissions by 2030, further highlighting the project's significance in the fight against climate change.

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Aker Carbon Capture will release its financial results for the first quarter of 2023 on April 26, 2023, at 07:00 CEST. An online presentation of the results is scheduled for the same day at 15:00 CEST, where attendees can submit questions during the event. This financial update is crucial for AKRCY investors seeking insights into the company's performance and future direction. The event's link for access is available here. Further media and investor inquiries can be directed to the provided contacts in the release. This update is anticipated by stakeholders monitoring Aker Carbon Capture's market position and strategic initiatives.

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Facilities Support Services
Administrative and Support and Waste Management and Remediation Services
Norway
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