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Share information
Listing venue - Euronext Growth Oslo
Ticker - WEST
Number of shares - 33,619,715
Face value - NOK 0,05
Registrar - Nordea Issuer Services
Please click here for live share price
Financial reports
Annual Reports
Financial calendar
15.08. 2022
First Half Report 2022
and announcement of
Q2 2022 dividend
25.04. 2022
Announcement of
Q1 2022 dividend
17.03. 2022
Annual General Meeting
10.03. 2022
Annual Report 2021
Dividend policy and History
Western Bulk aims to distribute minimum 80% of net profit in quarterly dividend payments, subject to sufficient free liquidity and working capital to support such payment. The timing and amount of dividends is at the discretion of the Board of Directors.
| Period | Declared | Dividend per share | Ex dividend date | Record date | Payable date |
| FY 2021 | 10.03.22 | NOK 17,23 | 21.03.22 | 22.03.22 | 29.03.22 |
| Q1 2022 | 25.04.22 | NOK 4,24 | 27.04.22 | 28.04.22 | 05.05.22 |
Main shareholders
| Name | # Shares | Ownership |
|---|---|---|
| Kistefos group | 23 093 152 | 68,7% |
| Ojada AS | 2 776 792 | 8,3% |
| Employees | 962 563 | 2,9% |
| Euroclear Bank S.A./N.V. | 458 330 | 1,4% |
| Nordnet Livsforsikring AS | 326 712 | 1,0% |
| Sniptind Invest AS | 283 957 | 0,8% |
| Other (1100 other shareholders) | 5 718 209 | 17,0% |
| 33 619 715 | 100% |
General meetings notices and minutes
Key figures
Western Bulk Chartering group
| USD million | H2 2021 | 2021 | 2020 |
|---|---|---|---|
| Gross revenues | 922.6 | 1 487.9 | 778.7 |
| Net TC Result 1) | 117.7 | 137.9 | 26.7 |
| Administrative expenses | 40.7 | 50.7 | 22.9 |
| EBITDA 1) | 77.1 | 87.2 | 3.8 |
| Net profit after tax 1) | 72.1 | 81.0 | 3.2 |
| Net TC margin per ship day (USD) 1) | 5 591 | 3 376 | 663 |
| Average number of vessels operated | 114 | 112 | 110 |
| Total assets | 196.6 | 196.6 | 79.3 |
| Book equity | 51.1 | 51.1 | 19.8 |
| Total liabilities | 145.5 | 145.5 | 59.5 |
| Interest bearing debt | 3.4 | 3.4 | 24.0 |
| Free cash | 108.3 | 108.3 | 18.3 |
| Restricted cash | 13.9 | 13.9 | 12.0 |
| Total cash | 122.1 | 122.1 | 30.3 |