HOUSTON, TEXAS (Editors at Energy Analytics Institute, 4.Mar.2025) — Ecopetrol announced its proposal for the distribution of 2024 earnings, which has been approved by its board of directors, and is intended to be submitted for the consideration of the general shareholders’ Meeting to be held on 28 Mar. 2025.
The earnings distribution proposal proposes an ordinary dividend distribution of COP 214 per share, equivalent to a payout of 58.9% of Ecopetrol’s net income in 2024, the company announced 4 Mar. 2025 in an official statement.
The dividends payment to minority shareholders is proposed to be made in 2 equal installments on 4 Apr. 2025 and 27 Jun. 2025. On the other hand, the dividend due to our majority shareholder is proposed to be made no later than 31 Dec. 2025, in coordination with the defined payment schedule for the balance of the Fuel Price Stabilization Fund (FEPC) debt, corresponding to its accumulation in 2024.
Moreover, the board of directors proposes the allocation of COP 16,635,492,094,077 to an occasional reserve to support the company’s financial sustainability and flexibility in the execution of its strategy.
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By Editors at Energy Analytics Institute. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.
