Major Shareholders
The list of top 20 shareholders in Aker Solutions ASA is updated once a week.
Dividends and Share Buybacks
Aker Solutions’ overall objective is to create long-term value for its owners in the form of an increase in the value of the company’s shares over time and/or dividend payments or share buybacks, or a combination of these.
Aker Solutions targets to pay annual dividends of 30-50 percent of adjusted net profit over time. The company's dividend policy is based on an annual evaluation by the board of directors of the company’s financial position and re-investment opportunities based on strict principles for allocation of capital. The dividend policy supports the company in building financial robustness and maintaining a strong balance sheet with adequate liquidity reserves to handle future obligations as well as realizing objectives for strategic development and delivering of shareholder value.
Any dividend proposed by the board of directors will be presented to the annual general meeting for approval. An approved dividend distribution will normally be paid out to shareholders in the month following the general meeting.
Share Buybacks
The company’s general meeting held on April 7, 2022, mandated the Board of Directors to purchase treasury shares up to an aggregate nominal value of NOK 53,154,045 (ten percent of the share capital).
The resolution specified three purposes for utilization:
- Transaction currency in connection with acquisitions, mergers, demergers and other transfers of business
- Sale and/or transfer to employees as part of the company’s share program
- Purchase of treasury shares for the purpose of investment or for subsequent sale or deletion of such shares
The board’s authorization to purchase treasury shares is valid for the period until the date of the annual general meeting in April 2023, however, in no circumstances beyond June 30, 2023. The board of directors currently holds no authorizations to increase the share capital or to resolve dividend distributions.
Historical Dividends
| Fiscal Year | Dividend per Share (NOK) | Payment Date |
|---|---|---|
| 2021 | 0.20 | April 21, 2022 |
| 2020 | 01 | August 26, 2020 |
| 2019 | 0 | - |
| 2018 | 0.552 | April 9, 2019 |
1Aker Solutions distributed non-cash dividends to its shareholders in August 2020, in the form of dividend shares in Aker Carbon Capture and Aker Offshore Wind. This dividend-in-kind implied that one share in Aker Solutions entitled the shareholders to receive one share in each company. Each shareholder received a value of NOK 5.05 per share in Aker Carbon Capture and a value of NOK 3.41 per share in Aker Offshore Wind. The value of the non-cash dividend distribution to shareholders was in total NOK 953 million, equal to NOK 3.17 per share at the time.
2Calculated to reflect the number of outstanding shares in Aker Solutions following the merger between Aker Solutions and Kvaerner. Kvaerner distributed a cash dividend of NOK 1.00 in April 2019, based on the company’s annual accounts for 2018.
Prospectuses and Other Regulatory Documents
- Exempted Document, Aker Solutions and Kvaerner, September 4, 2020 »
- Aker Solutions listing prospectus, September 15, 2014 »
Registrar and Auditor
Aker Solutions is listed on the Oslo Stock Exchange. If you have any questions regarding your shareholding in Aker Solutions, please contact our registrar:
DNB Bank ASA
Registrars department
PO Box 1600 Sentrum
0021 Oslo
Norway
Phone: +47 22 48 35 90
Fax: +47 22 48 11 71
www.dnb.no
Auditor:
KPMG
PO Box 7000 Majorstuen
Sørkedalsveien 6
0306 Oslo
Norway
Phone: +47 04063
www.kpmg.no
U.S. Shareholder Information
Download Form 8937 Report of Organizational Actions Affecting Basis of Securities
Analyst Coverage
Aker Solutions is followed by the analysts listed below. Please note that any opinions, estimates or forecasts regarding Aker Solutions' performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Aker Solutions ASA or its management.
| Company | Analyst Name | Phone |
|---|---|---|
| ABG Sundal Collier | Haakon Amundsen | +47 22016025 |
| Arctic Securities | Lukas Daul | +47 22937223 |
| Bank of America Merrill Lynch | James Winchester | +44 2079950616 |
| Barclays | Mick Pickup | +44 2031346695 |
| Carnegie | Chr. Frederik Lunde | +47 22009379 |
| Citi | Nikhil Gupta | +44 2079867337 |
| Danske Bank | Jørgen Lande | +47 85407070 |
| DNB Markets | Martin Huseby Karlsen | +47 24169193 |
| Exane BNP Paribas | Nick Konstantakis | +44 2034308637 |
| Fearnley Securities | Øystein Vaagen | +47 22936397 |
| JP Morgan | James A. Thompson | +44 2071345942 |
| Pareto Securities | Bård Rosef | +47 24132156 |
| Royal Bank of Canada | Victoria McCulloch | +44 1312224909 |
| SEB Equities | Kim André Uggedal | +47 21008526 |
| SpareBank 1 Markets | Tommy Johannessen | +47 24133618 |