Kazatomprom announces dividend recommendation
Summary by AI BETAClose X
AIX: KAP, KAP.Y (GDR)
LSE: KAP (GDR)
24 April 2026, Astana, Kazakhstan
Kazatomprom announces dividend recommendation for the results of FY2025
National Atomic Company "Kazatomprom" JSC ("Kazatomprom" or the "Company") announces the recommended amount and timing of the dividend payment to shareholders for the results of the year 2025.
The Board of Directors, based on the Company's audited 2025 financial results, has recommended to allocate KZT 335.2 billion for dividend distribution, representing 75% of free cash flow in accordance with the Company's dividend policy, with the following timeline:
· Dividend Amount: KZT 1,292.27 per one ordinary share (one GDR equals to one ordinary share)
· Record Date: 27 July 2026 at 00:00 local time (GMT+5) for ordinary shares
· Payment date: starting on 28 July 2026*
* to be paid to the bank accounts of shareholders and/or nominee holders specified in the share register issued by "Central Securities Depository" JSC as of the Record Date. Payments of dividends in relation to GDRs will be made by the depositary bank Citibank through DTC or Euroclear and Clearstream upon receipt of funds from the Company.
Dividend payments on ordinary shares will be made in the national currency - tenge; dividend payments on GDRs will be made in US dollars in the equivalent amount in tenge at the exchange rate of the National Bank of the Republic of Kazakhstan on the date of dividend payment.
The dividend payment recommendation is subject to approval by shareholders at the Annual General Meeting of Shareholders (the "AGM"), scheduled for 26 May 2026. For a detailed information on the AGM agenda and participating/voting procedures, please refer to the official AGM notification.
For more information, please contact:
Investor Relations Inquiries
Botagoz Muldagaliyeva, Director of Investor Relations
Tel.: +7 7172 45 81 80 / 69
Email: ir@kazatomprom.kz
Public Relations and Media Inquiries
Daniyar Oralov, Director of Public Relations
Tel.: +7 7172 45 80 63
Email: pr@kazatomprom.kz
Copy of this announcement will be available at www.kazatomprom.kz
About Kazatomprom
Kazatomprom is the world's largest producer of uranium with the Company's attributable production representing approximately 20% of global primary uranium production in 2025. The Group benefits from the largest reserve base in the industry and operates, through its subsidiaries, JVs and Associates, 27 deposits grouped into 14 mining assets. All of the Company's mining operations are located in Kazakhstan and extract uranium using ISR technology with a focus on maintaining industry-leading health, safety and environment standards.
Kazatomprom securities are listed on the London Stock Exchange and Astana International Exchange. Kazatomprom is the national atomic company in the Republic of Kazakhstan. The Group's primary customers are operators of nuclear power plants, and the principal export markets for the Group's products are countries in Asia, Europe, and the Americas. The Group sells uranium and uranium products under long-term contracts, short-term contracts as well as in the spot market, directly from its headquarters in Astana, Kazakhstan, and through its Switzerland-based trading subsidiary, TH Kazakatom AG (THK). For more information, please see the Company website at www.kazatomprom.kz.
Forward-Looking Statements
All statements other than statements of historical fact included in this communication or document are forward-looking statements. Forward-looking statements give the Company's current expectations and projections relating to its financial condition, results of operations, plans, objectives, future performance and business. These statements may include, without limitation, any statements preceded by, followed by or including words such as "target," "believe," "expect," "aim," "intend," "may," "anticipate," "estimate," "plan," "project," "will," "can have," "likely," "should," "would," "could" and other words and terms of similar meaning or the negative thereof. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the Company's control that could cause the Company's actual results, performance or achievements to be materially different from the expected results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the Company's present and future business strategies and the environment in which it will operate in the future. THE INFORMATION WITH RESPECT TO ANY PROJECTIONS PRESENTED HEREIN IS BASED ON A NUMBER OF ASSUMPTIONS ABOUT FUTURE EVENTS AND IS SUBJECT TO SIGNIFICANT ECONOMIC AND COMPETITIVE UNCERTAINTY AND OTHER CONTINGENCIES, NONE OF WHICH CAN BE PREDICTED WITH ANY CERTAINTY AND SOME OF WHICH ARE BEYOND THE CONTROL OF THE COMPANY. THERE CAN BE NO ASSURANCES THAT THE PROJECTIONS WILL BE REALISED, AND ACTUAL RESULTS MAY BE HIGHER OR LOWER THAN THOSE INDICATED. NONE OF THE COMPANY NOR ITS SHAREHOLDERS, DIRECTORS, OFFICERS, EMPLOYEES, ADVISORS OR AFFILIATES, OR ANY REPRESENTATIVES OR AFFILIATES OF THE FOREGOING, ASSUMES RESPONSIBILITY FOR THE ACCURACY OF THE PROJECTIONS PRESENTED HEREIN. The information contained in this communication or document, including but not limited to forward-looking statements, applies only as of the date hereof and is not intended to give any assurances as to future results. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to such information, including any financial data or forward-looking statements, and will not publicly release any revisions it may make to the Information that may result from any change in the Company's expectations, any change in events, conditions or circumstances on which these forward-looking statements are based, or other events or circumstances arising after the date hereof.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Latest directors dealings
- 11 minutes ago Diageo
- 17 minutes ago IMI
- 38 minutes ago Softcat
- 4 hours ago Tertiary Minerals
- 4 hours ago Hargreaves Services