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Kazatomprom Shareholder Structure Shifts
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Kazatomprom Shareholder Structure Shifts

National Atomic Company Kazatomprom JSC GDR RegS (GB:KAP) has released an update.

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Kazatomprom JSC, the world’s largest uranium producer, announced a significant change in its shareholder structure, with the National Bank of the Republic of Kazakhstan purchasing shares from Samruk-Kazyna JSC. This transaction decreased Samruk-Kazyna’s stake from 75% to just under 63%, while the Ministry of Finance now holds approximately 12% of the equity. Despite these changes, Kazatomprom’s free float remains unaffected at 25%, maintaining its listings on both the London Stock Exchange and Astana International Exchange.

For further insights into GB:KAP stock, check out TipRanks’ Stock Analysis page.

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