Gulf Keystone Petroleum Ltd Com Shs (GKP): Special dividend
This situation live
GKP Gulf Keystone Petroleum Ltd Com Shs
25 Aug 2026 · proposed · +9% since
The Company confirms the following key information: Distribution amount $0.046 per Common Share.
Special dividend
proposed
Kindspecial dividend
Amount$10 million
Of market value1.7%
As of 25 Aug 2026 ↗
Since Oct 2023: 122 situations of this kind – paid out 64%, went quiet 36%; median share price +5% six months after they opened
Next: Payment at completion of ShaMaran merger
Every step · 1
- 25 Aug 2026 proposed – The Company confirms the following key information: Distribution amount $0.046 per Common Share. ↗
What is happening
Gulf Keystone Petroleum Ltd Com Shs: Special dividend – proposed. ['proposed']
- In short
- A $50m special dividend was first proposed on 25 Aug 2026. On 20 Oct 2026 it was tied to the ShaMaran merger: existing Gulf Keystone shareholders are to receive $50m (about $0.23 per share) at closing. It remains subject to Bermuda law, the bye-laws and board approval.
- Announced
- 25 Aug 2026 · announced
- Amount
- USD 50m, about USD 0.23 per share
- Timing
- At closing of the ShaMaran merger
- Recipients
- Existing Gulf Keystone shareholders
- Conditions
- Bermuda law, Gulf Keystone bye-laws and board approval
What comes next
Payment at completion of ShaMaran merger.
Briefing
Gulf Keystone Petroleum Ltd Com Shs in 4 minutes
Gulf Keystone is an independent oil producer whose only asset is the Shaikan Field in the Kurdistan Region of Iraq. Its oil could not leave Kurdistan by pipeline for two and a half years from March 2023, then exports...
- Act 1The pipeline closes (2023)
- Act 2Local sales rebuild the cash (2024)
- Act 3Exports return, then war (2025-2026)
From the company's own announcements. Not investment advice.
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