CMB.Tech answers shareholders’ written questions ahead of Oct. 8 special meeting

By Public Technologies
  • CMB.Tech Q&A ahead of the Oct. 8 shareholder meeting flagged a planned USD 0.64 per share payout, about USD 180 million.
  • Cash returns split between a USD 0.21 per share interim dividend and a USD 0.43 per share share-premium distribution for tax efficiency.
  • Board sought flexibility for future share-premium payouts of USD 50 million to USD 250 million, guided by profits, liquidity, capex needs, leverage.
  • Management framed the USD 2 billion facility as existing Golden Ocean acquisition financing; outstanding debt cut to about USD 1.1 billion.
  • Hormuz disruption seen supporting tanker rates; vessel count in the Persian Gulf withheld on security grounds, earnings impact hard to quantify.


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