tiprankstipranks
Kazatomprom Accelerates Dividend Payout, Appoints New CCO
Company Announcements

Kazatomprom Accelerates Dividend Payout, Appoints New CCO

National Atomic Company Kazatomprom JSC Sponsored GDR RegS (GB:KAP) has released an update.

Kazatomprom, the world’s largest uranium producer, has introduced Vladislav Baiguzhin as its new Chief Commercial Officer and announced an expedited timeline for its 2023 dividend payment, now commencing on May 28, 2024, if approved at the Annual General Meeting. The company plans to distribute dividends totaling approximately KZT 314.65 billion, adhering to its policy of allocating 75% of its free cash flow to shareholders. These strategic moves underscore Kazatomprom’s commitment to growth and shareholder value.

For further insights into GB:KAP stock, check out TipRanks’ Stock Analysis page.

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles