Capricorn Energy PLC Share Price (CNE)

Does anyone know the per share dividend amount that will be distrobuted per share?

That was my instant view as well

Relax and enjoy the dividends. There will be plenty of opportunity for a merger, once the strategic objectives are executed! This is a long play. Personally I would like to see executive pay reduced overall and tied performance based targets.

Should have merged with Tullow. What a joke.

Kioto: You left out part of this announcement:

'Delivery on our shareholder return commitment set out in the strategic review, with ~$568m paid to shareholders in 2023 and a further planned dividend payment of $50m in Q2 2024, accompanied by a share consolidation, subject to shareholder approval'

Another share consolidation...

History suggests you would be better off unloading your shares before the ex-dividend date and buying them back after the excessive fall in share price; ie., the sp fall is greater than the dividend, and by quite a margin the last time. You won't lose as many shares that way (and can make more money with the eventual lift in share price back to where it should have been, after some months of recovery, if history repeats). It's troubling that CNE won't give shareholders a dividend without shafting them via a share consolidation at the same time.