Local Procurement Investment
Exxaro's integrated reports explain the annual progress in our journey to create and preserve value for our stakeholders. As one of our primary channels communication to our stakeholders, the content in the integrated reports contains the most material information relating to our value creation journey.
We are guided by our purpose – Powering Better Lives in Africa and Beyond: Exxaro is a critical part of the South African economy and an active participant in the just transition to a low-carbon economy. Based on our position as a major coal supplier in South Africa, we understand the importance of being carbon-neutral and finally net-zero carbon. Therefore, we have started incorporating renewable energy solutions into our existing portfolio to reach this milestone by 2050.
In line with the Company’s dividend policy, Exxaro has declared a final dividend of 1 136 cents per share which was approved by the board of directors on 14 March 2023 and is payable on 8 May 2023 to shareholders who will be on the register on 5 May 2023. The final dividend was declared from profits generated during the year ended 31 December 2022 and has been declared from income reserves. The final dividend is subject to dividend withholding tax at a rate of 20% for all shareholders who are not exempt from or do not qualify for a reduced rate of dividend withholding tax (net local dividend amounts to 908.80000 cents per share).
Salient dates for the payment of the final dividend are:
|Last day to trade cum dividend on the JSE:||Tuesday, 2 May 2023|
|First trading day ex dividend on the JSE:||Wednesday, 3 May 2023|
|Record date:||Friday, 5 May 2023|
|Payment date:||Monday, 8 May 2023|
No share certificates may be dematerialised or re-materialised between Wednesday, 3 May 2023 and Friday, 5 May 2023, both days inclusive.
The number of ordinary shares in issue as at the date of this declaration is 349 305 092. Exxaro’s company tax reference number is 9218/098/14/4