Ithaca Energy PLC (GB:ITH) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Ithaca Energy PLC has announced a $200 million special dividend following a successful business combination with Eni UK and a major refinancing effort. The company’s enhanced liquidity and production growth position it for future expansion, with a dividend target of $500 million for 2024. This strategic move underscores Ithaca Energy’s commitment to delivering shareholder value and capitalizing on its strengthened financial position.
For further insights into GB:ITH stock, check out TipRanks’ Stock Analysis page.
