Bank of America just raised its EUR/USD forecast
LONDON - Ithaca Energy plc (LON:ITH) will pay its first interim dividend for 2025 of $167 million, representing $0.1010 per ordinary share, the company announced Wednesday.
The dividend will be paid on September 26, 2025, to shareholders registered as of September 5, 2025, according to a company press release.
Payment will be made in Sterling, with the conversion rate from US dollars to be determined based on the average mid-point market exchange rate over three days from September 8-10. The final Sterling dividend amount in pence per share will be confirmed on September 11.
Ithaca Energy ranks as the second-largest independent oil and gas producer by production in the United Kingdom (TADAWUL:4280) Continental Shelf (UKCS), with stakes in six of the ten largest fields in the region. The company also holds interests in two of the UKCS’s largest pre-development fields.
The London-listed company was admitted to trading on the London Stock Exchange (LON:LSEG) on November 14, 2022.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.