KEN - Dividend announcements

SINGAPORE, June 1, 2026 /PRNewswire/ -- Kenon Holdings Ltd. (NYSE:KEN) (TASE: KEN) ("Kenon") announces its results for Q1 2026 and additional updates. Q1 and Recent HighlightsKenonIn May 2026, Kenon entered into a collar transaction with an investment bank relating to approximately 2% of the shares of OPC, providing Kenon a potential source of liquidity while allowing Kenon to retain exposure to potential share price upside, while limiting potential downside, with respect to such shares.In April 2026, Kenon distributed a cash dividend of approximately $200 million ($3.85 per share).OPCOPC's net profit in Q1 2026 was $14 million, as compared to $25 million in Q1 2025. OPC's Q1 2026 net profit

SINGAPORE, March 30, 2026 /PRNewswire/ -- Kenon Holdings Ltd. (NYSE:KEN) (TASE: KEN) ("Kenon") announces its results for 2025 and additional updates. 2025 and Recent HighlightsKenonIn March 2026, Kenon's board of directors approved a cash dividend of $3.85 per share (approximately $200 million).In the first quarter of 2026, Kenon cash settled its capped call arrangement with a bank over five million ZIM shares, resulting in gross cash proceeds to Kenon of approximately $34 million, subject to tax.OPCIn March 2026, OPC issued new shares in a private placement for gross proceeds of approximately NIS 800 million (approximately $257 million).OPC's net profit in 2025 was $132 million, as compared

SINGAPORE, April 2, 2025 /PRNewswire/ -- Kenon Holdings Ltd. (NYSE:KEN) (TASE: KEN) ("Kenon") announces its results for 2024 and additional updates. Q4 and Recent Highlights Kenon In April 2025, Kenon's board of directors approved a cash dividend of approximately $250 million ($4.80 per share).In Q4 2024, Kenon sold all of its remaining interest in ZIM for net consideration of $394 million.Kenon has repurchased approximately 681 thousand shares for an amount of approximately $20 million pursuant to its share repurchase plan since its announcement in September 2024, for a total of 1.8 million shares since the establishment of its repurchase program in March 2023.OPC Financial results:- OPC's

SINGAPORE, Dec. 5, 2024 /PRNewswire/ -- Kenon Holdings Ltd. (NYSE:KEN) (TASE: KEN) ("Kenon") announces its results for Q3 2024 and additional updates. Q3 and Recent Highlights Kenon Kenon has repurchased approximately 348,000 shares for approximately $10 million pursuant to its share repurchase plan since the announcement of its most recent share repurchase mandate in September 2024.Kenon announced its intention to sell additional shares in ZIM and/or enter into derivative transactions with respect to up to all of its remaining stake in ZIM. Kenon also announced that it terminated its collar transaction over 5 million ZIM shares and entered into a cash settled capped call arrangement with

SINGAPORE, Sept. 9, 2024 /PRNewswire/ -- Kenon Holdings Ltd. (NYSE:KEN) (TASE: KEN) ("Kenon") announces its results for Q2 2024 and additional updates. Q2 and Recent Highlights Kenon In June 2024, Kenon sold 5 million ZIM shares for total consideration of $111 million. Following the sale, Kenon remains the single largest shareholder in ZIM.Also in June 2024, Kenon entered into a collar transaction with an investment bank relating to an additional 5 million ZIM shares owned by Kenon.In September 2024, Kenon's board of directors authorized an increase in its share repurchase plan by $10 million to up to $60 million (including shares already purchased under the plan), and Kenon has entered int

SINGAPORE, June 3, 2024 /PRNewswire/ -- Kenon Holdings Ltd. (NYSE:KEN) (TASE: KEN) ("Kenon") announces its results for Q1 2024 and additional updates. Q1 and Recent Highlights Kenon Kenon has obtained a favorable decision in our litigation proceedings against Shenzhen Baoneng Investment Group Co., Ltd. in the Supreme People's Court of China in relation to its claim for breach of guarantee.Kenon and its wholly-owned subsidiary IC Power Ltd. obtained a favorable decision in its arbitration proceedings against the Republic of Peru with respect to pre- and post-award interest on the award, further to the tribunal's prior award in favor of Kenon.In April 2024, Kenon distributed a cash dividend o

SINGAPORE, March 26, 2024 /PRNewswire/ -- Kenon Holdings Ltd. (NYSE:KEN) (TASE: KEN) ("Kenon") announces its results for 2023 and additional updates. Q4 and Recent Highlights Kenon In March 2024, Kenon's board of directors approved a cash dividend of approximately $200 million ($3.80 per share) payable in April 2024.OPC Financial results:OPC's net profit in 2023 was $47 million, as compared to a net profit of $65 million in 2022. OPC's 2023 net profit included its share in profit of CPV of $66 million as compared to $85 million in 2022.OPC's Adjusted EBITDA1 (including proportionate share in Adjusted EBITDA1 of associated companies) in 2023 was $304 million as compared to $250 million in 2

SINGAPORE, March 30, 2023 /PRNewswire/ -- Kenon Holdings Ltd. (NYSE:KEN) (TASE: KEN) ("Kenon") announces its results for 2022 and additional updates. Q4 and Recent Highlights Kenon   In March 2023, Kenon's board of directors approved a cash dividend of approximately $150 million ($2.79 per share) payable in April 2023.  In March 2023, Kenon's board of directors also authorized a share repurchase plan of up to $50 million (as further described below).OPC Financial results:OPC's net profit in 2022 was $65 million, as compared to a net loss of $94 million in 2021, which included OPC's proportionate share in profit of CPV of $85 million in 2022 as compared to a proportionate share of loss of $1

SINGAPORE, Aug. 31, 2022 /PRNewswire/ -- Kenon Holdings Ltd. (NYSE:KEN) (TASE: KEN) ("Kenon") announces its results for Q2 2022 and additional updates. Q2 and Recent Highlights Kenon In July 2022, Kenon distributed approximately $552 million ($10.25 per share) to shareholders.ZIM In August 2022, ZIM announced a second quarter 2022 dividend of approximately $571 million, or $4.75 per ordinary share, to be paid in September 2022. Kenon expects to receive $118 million ($112 million net of tax).Financial results[1]: - ZIM reported net profit in Q2 2022 of $1.3 billion, as compared to $0.9 billion in Q2 2021. - ZIM reported Adjusted EBITDA[2] in Q2 2022 of $2.1 billion, as compared to $1.3 billio

SINGAPORE, June 21, 2022 /PRNewswire/ -- Kenon Holdings Ltd. ("Kenon") (NYSE:KEN) (TASE: KEN) has previously announced that its Board of Directors has approved a capital reduction distribution in an aggregate amount of approximately $552 million, or $10.25 per share (the "Distribution"), and Kenon's shareholders approved the Distribution at Kenon's 2022 Annual General Meeting, contingent upon the approval of the High Court of the Republic of Singapore. Kenon is announcing today that the Distribution was approved by the High Court of the Republic of Singapore on June 14, 2022 and will be paid on July 5, 2022 (the "Payment Date") to Kenon's shareholders of record as of the close of trading on

SINGAPORE, June 1, 2022 /PRNewswire/ -- Kenon Holdings Ltd. (NYSE:KEN) (TASE: KEN) ("Kenon") announces its results for Q1 2022 and additional updates. Q1 and Recent Highlights Kenon Kenon intends to distribute approximately $552 million ($10.25 per share) to shareholders in July 2022, subject to approval of a capital reduction in the High Court of the Republic of Singapore.ZIM In May 2022, ZIM announced an interim dividend to be paid in June 2022 of $2.85 per share, representing $342 million in aggregate. Kenon expects to receive $71 million ($67 million net of tax).Financial results[1]:ZIM reported net profit in Q1 2022 of $1.7 billion, as compared to $0.6 billion in Q1 2021.ZIM reported A

SINGAPORE, March 31, 2022 /PRNewswire/ -- Kenon Holdings Ltd. (NYSE:KEN) (TASE: KEN) ("Kenon") announces its results for 2021 and additional updates. Q4 and Recent Highlights Kenon Kenon intends to distribute $10.25 per share (approximately $550 million in total) to shareholders via capital reduction (subject to shareholder and court approval). During March 2022, Kenon completed a sale of 6 million ZIM shares for total consideration of $463 million. As a result of the sale, Kenon now holds a 20.7% interest in ZIM and remains the largest shareholder in ZIM.ZIM ZIM announced a cash dividend to be paid in April 2022 of $17.00 per share, representing $2.0 billion in aggregate. Kenon expects to

SINGAPORE, Nov. 30, 2021 /PRNewswire/ -- Kenon Holdings Ltd. (NYSE:KEN) (TASE: KEN) ("Kenon") announces its results for Q3 2021 and additional updates. Q3 and Recent Highlights Kenon In November 2021, Kenon's board of directors approved an interim cash dividend of $3.50 per share (approximately $189 million in total) payable in January 2022. Kenon's profit for the third quarter of 2021 of $170 million was primarily impacted by ZIM's results and a reduction in the carrying amount of Qoros.ZIM ZIM announced an interim dividend to be paid in December 2021 of $2.50 per share, or approximately $296 million in the aggregate, of which approximately $77 million is payable to Kenon. Financial