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LONDON - Harbour Energy plc, an independent oil and gas company, has confirmed the currency exchange rate for its proposed final dividend for the year ended December 31, 2024. Shareholders who were on the register as of April 11, 2025, will be eligible for the dividend, provided it receives approval during the shareholder meeting scheduled for May 8, 2025.
The company announced on March 6, 2025, a final dividend payment of $227.5 million, equating to 13.19 US cents per share. This dividend is set to be paid in British pounds sterling on May 21, 2025. The exchange rate has been fixed at 1.3087 GBP/USD, which translates the dividend to 10.0787 pence per share for shareholders.
In addition to the cash dividend option, Harbour Energy offers a dividend re-investment plan (DRIP), allowing shareholders to reinvest their dividends in additional company shares. The deadline for shareholders to opt into the DRIP for this particular dividend is April 29, 2025.
Harbour Energy, with its registered office in the United Kingdom (TADAWUL:4280), is listed on the London Stock Exchange (LON:LSEG) and is subject to regulation by the Financial Conduct Authority. The company’s LEI code is 213800YPC42DYBKVPF97.
This financial update is based on the latest press release from Harbour Energy plc and is intended to inform shareholders and the market about the relevant details of the proposed final dividend and associated exchange rate information.
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