CMB.TECH NV announces approval for a USD 0.64 per share distribution following its Special General Meeting of Shareholders.
Quiver AI Summary
CMB.TECH NV announced that its Special General Meeting of Shareholders has approved a shareholder distribution of USD 0.64 per share, which includes an intermediary dividend of USD 0.21 per share and a payment of USD 0.43 per share from the share premium, exempt from withholding tax. The ex-dividend dates differ across exchanges: October 15, 2026, for Euronext and October 16, 2026, for NYSE. The payment will be made on October 22, 2026, for both Euronext and NYSE, and approximately on October 27, 2026, for Oslo Børs. Additionally, a minimum distribution of USD 50 million and a maximum of USD 250 million from the share premium was approved. The company, which operates a diverse fleet and is involved in hydrogen and ammonia fuel production, will provide further details on the General Meeting outcomes on its website and is set to announce Q3 results on November 26, 2026.
Potential Positives
- Approval of a shareholder distribution of USD 0.64 per share demonstrates CMB.TECH's commitment to returning value to its shareholders.
- The distribution includes both an intermediary dividend and a payment from the share premium, indicating diversified financial strategies.
- The General Meeting’s approval of a minimum distribution of USD 50 million and a maximum of USD 250 million signals strong financial health and confidence in future earnings.
Potential Negatives
- The company is distributing only a modest dividend per share of USD 0.64, which may indicate limited cash flow or profitability.
- The intermediary dividend is subject to a 30% withholding tax, which can deter some investors, especially those looking for tax-efficient returns.
- There is uncertainty regarding the timing of distributions across different exchanges, potentially leading to confusion among shareholders and impacting investor confidence.
FAQ
What is the approved shareholder distribution by CMB.TECH?
The approved shareholder distribution is USD 0.64 per share, consisting of an intermediary dividend and a share premium payment.
When are the payment dates for the distribution?
The payment dates are 22 October 2026 for Euronext and NYSE, and on or about 27 October 2026 for OSE.
What is the withholding tax on the distribution?
An intermediary dividend of USD 0.21 per share is subject to a 30% withholding tax, while the share premium is exempt from withholding tax.
Where can I find the minutes of the General Meeting?
The minutes of the General Meeting will be uploaded on the CMB.TECH website in the “Investors” section under “General meetings.”
What is CMB.TECH's primary business focus?
CMB.TECH is a leading maritime group focused on diverse shipping services, including hydrogen and ammonia fuel supply.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CMBT Hedge Fund Activity
We have seen 68 institutional investors add shares of $CMBT stock to their portfolio, and 69 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ENCOMPASS CAPITAL ADVISORS LLC removed 3,165,544 shares (-90.4%) from their portfolio in Q2 2026, for an estimated $44,285,960
- JPMORGAN CHASE & CO added 1,564,772 shares (+inf%) to their portfolio in Q2 2026, for an estimated $21,891,160
- MARSHALL WACE, LLP added 1,487,672 shares (+3985.1%) to their portfolio in Q2 2026, for an estimated $20,812,531
- TWO SIGMA INVESTMENTS, LP added 1,320,659 shares (+109.2%) to their portfolio in Q2 2026, for an estimated $18,476,019
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 1,252,579 shares (+54.7%) to their portfolio in Q2 2026, for an estimated $17,523,580
- UBS GROUP AG added 1,023,852 shares (+439.0%) to their portfolio in Q2 2026, for an estimated $14,323,689
- BARCLAYS PLC added 985,544 shares (+141.2%) to their portfolio in Q2 2026, for an estimated $13,787,760
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
Antwerp, Oct. 08, 2026 (GLOBE NEWSWIRE) -- ANTWERP, Belgium, 8 October 2026, 15:00 CET – CMB.TECH NV (“CMBT”, “CMB.TECH” or “the company”) (NYSE: CMBT, Euronext Brussels: CMBT and Euronext Oslo Børs: CMBTO) announces that today the Special General Meeting of Shareholders (the “General Meeting”) has approved the proposed shareholder distribution of USD 0.64 per share, as conditionally announced on 27 August 2026 . All other resolutions proposed by CMB.TECH’s Supervisory Board are also approved.
Approval of the Distribution
The General Meeting approved a total distribution of USD 0.64 per share, consisting of (i) an intermediary dividend of USD 0.21 per share (subject to 30% withholding tax, to the extent no exemption or reduction applies) and (ii) a payment of USD 0.43 per share out of the available share premium (which is exempt from withholding tax) (the “Distribution”).
The Supervisory Board has determined the following timing for the payment of the Distribution:
| COUPON 48 dividend – COUPON 49 Share premium | Ex-dividend date | Record date | Payment date |
| Euronext | 15 October 2026 | 16 October 2026 | 22 October 2026 |
| NYSE | 16 October 2026 | 16 October 2026 | 22 October 2026 |
| OSE | 15 October 2026 | 16 October 2026 | on or about 27 October 2026 |
The New York Stock Exchange (“NYSE”) settles its trades on a T+1 basis, while Euronext Brussels (“Euronext”) and the Euronext Oslo Børs (“OSE”) settle their trades on a T+2 basis. As a result, there will be different ex-dividend dates between the exchanges.
Due to the implementation of CSDR in Norway, the Distribution payable on common shares that are registered in the VPS settlement system in order to be traded on OSE is expected to be distributed to VPS shareholders on or about 27 October 2026.
No withholding tax is due on the USD 0.43 per share distribution out of the share premium reserve. The intermediary dividend of USD 0.21 per share is, in its entirety, subject to 30% withholding tax to the extent that no exemption or reduction applies. The company encourages you to contact your bank, broker, nominee or other institution if you have any questions regarding the mechanics and timing of having the Distribution attributable to your common shares credited to your account.
Other resolutions
The General Meeting also approved the proposed shareholder distribution of minimum USD 50 million and maximum USD 250 million out of the available share premium.
All other resolutions were approved and can be found in the convening notice on the CMB.TECH website.
The minutes of the General Meeting will be uploaded on the CMB.TECH website in the “ Investors ” section under “ General meetings ”.
Announcement Q3 2026 results – 26 November 2026
About CMB.TECH
CMB.TECH (all capitals) is one of the largest listed, diversified and future-proof maritime groups in the world with a combined fleet of about 235 vessels: dry bulk vessels, crude oil tankers, chemical tankers, container vessels and offshore energy vessels. CMB.TECH also offers hydrogen and ammonia fuel to customers, through own production or third-party producers.
CMB.TECH is headquartered in Antwerp, Belgium, and has offices across Europe, Asia and Africa.
CMB.TECH is listed on Euronext Brussels and the NYSE under the ticker symbol “CMBT” and on Euronext Oslo Børs under the ticker symbol “CMBTO”. More information can be found at https://cmb.tech
Forward-Looking Statements
Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbour protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The Company desires to take advantage of the safe harbour provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbour legislation. The words "believe", "anticipate", "intends", "estimate", "forecast", "project", "plan", "potential", "may", "should", "expect", "pending" and similar expressions identify forward-looking statements.
The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections.
In addition to these important factors, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the failure of counterparties to fully perform their contracts with us, the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for tanker vessel capacity, changes in our operating expenses, including bunker prices, dry-docking and insurance costs, the market for our vessels, availability of financing and refinancing, charter counterparty performance, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off-hires and other factors. Please see our filings with the United States Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.
This information is published in accordance with the requirements of the Continuing Obligations on Euronext Oslo Børs.