Shareholders
As at December 31, 2022, the Czech Republic remained the company's largest shareholder with a nearly 70% stake in the stated capital.
- As at June 19, 2023, the Czech Republic remained the company's largest shareholder with a nearly 70% stake in the stated capital.
- As at June 30, 2022, the stated capital of ČEZ, a. s. totaled CZK 53,798,975,900. The Company's stated capital consists of 537,989,759 shares, each with a nominal value of CZK 100. The issue price of all shares had been fully paid in. All the shares were booked to owner, and were listed.
- The company's stated capital is allocated exclusively to common shares, with no special rights attached. All of the company's shares are accepted for trading on the Prague Stock Exchange and the Warsaw Stock Exchange in the Republic of Poland and are negotiable without limitations. No other securities issued by CEZ, a. s. are limited in their negotiability, nor are any special rights attached.
- Treasury shares - As at June 30, 2023, there were 1,179,512 treasury shares, or 0.22% of the stated capital, on CEZ's asset account with the Central Securities Depository.
As at June 19, 2023, the following entities were recorded as having stakes of at least 1% of the stated capital of CEZ, a. s.: - The Czech Republic, represented by the Ministry of Finance of the Czech Republic, the Ministry of Labor and Social Affairs of the Czech Republic, and the Office for Government Representation in Property Affairs, with a combined total stake of 69.78% of the stated capital,
- Belviport Trading Limited, s. a., whose stake is 2.23% of the stated capital,
- PPF banka, a.s., holding a share amounting to 1.95% of the stated capita
- Clearstream Banking, s. a., whose stake is 1.52% of the stated capital,
- Chase Nominees Limited, whose stake is 1.40% of the stated capital.
- The possibility that some of the aforementioned entities hold shares on behalf of other entities or individuals cannot be excluded.
- On June 19, BlackRock, Inc. delivered a notice of its share in voting rights pursuant to Section 122(1)
of the Act on Business Activities on the Capital Market. According to the notice, its share in voting
rights is 1.19%. - On March 2, ABARETIA HOLDINGS LIMITED delivered a notice of its share in voting rights pursuant
to Section 122(1) of the Act on Business Activities on the Capital Market. According to the notice, its
share in voting rights is 1.00%.
| Shareholder Structure | |||
|---|---|---|---|
| at 31. 12. 2021 | at 31. 12. 2022 | at 19. 6. 2023 | |
| Legal entities, total | 86.34 % | 86.40 % | 86.94 % |
| Czech Republic | 69.78 % | 69.78 % | 69.78 % |
| CEZ, a. s. | 0.23 % | 0.22 % | 0.22 % |
| Other legal entities | 16.33 % | 16.40 % | 16.94 % |
| Private individuals, total | 13.66 % | 13.60 % | 13.06 % |
Shareholder Relations
CEZ, a. s., proceeds in accordance with the provisions of the Business Corporations Act with respect to protection of shareholder rights.
ČEZ, a. s., convenes and runs General Meetings in full compliance with applicable law and ensures that General Meeting resolutions are put into practice. ČEZ, a. s. duly complies with its information disclosure requirements vis-á-vis shareholders. The company ensures that all shareholders receive equal treatment. The company ensures that investors receive quarterly reports updating them on the company’s performance and a list of dates when announcements will be made concerning earnings and General Meetings (convening, conclusions and resolutions), as well as when securities prospectuses will be made available. Don’t even need to make this an intro it has already basically been stated twice in the above paragraphs.
Dividends
ČEZ, a. s. has been paying regular dividends to shareholders since 2001. Pay out takes place once per year. Rising dividends reflect the financial success of CEZ Group. From 2015, ČEZ, a. s. applied a dividend policy that anticipated paying out 60-80% of consolidated net income adjusted forextraordinary effects generally unrelated to ordinary financial performance in a given year.
At its meeting on June 26, 2023, the annual shareholders’ meeting resolved to pay a dividend of CZK 145 per share before tax to the Company’s shareholders. The record date for exercising the right to the dividends was June 30, 2023. The dividends were payable by August 1, 2023.
| Dividend payments of ČEZ, a. s. | ||||
|---|---|---|---|---|
| Dividends for year |
2001 | 2002 | 2003 | 2004 |
| Gross dividend per share (CZK) |
2,50 | 4,50 | 8,00 | 9,00 |
| Payment date | 1. 8. 02 – 31. 7. 07 | 1. 8. 03 – 31.7.08 | 2. 8. 04 – 31. 7. 09 | 1. 8. 05 – 31. 7. 10 |
| Record date | 11. 6. 2002 | 17. 6. 2003 | 17. 6. 2004 | 20. 6. 2005 |
| Administrator | Česká spořitelna | |||
| Dividend payments of ČEZ, a. s. | ||||
|---|---|---|---|---|
| Dividends for year |
2005 | 2006 | 2007 | 2008 |
| Gross dividend per share (CZK) |
15,00 | 20,00 | 40,00 | 50,00 |
| Payment date | 1. 8. 06 – 31. 7. 11 | 1. 8. 07 – 31. 7. 11 | 1. 8. 08 – 31. 7. 12 | 1. 8. 09 – 31. 7. 13 |
| Record date | 23. 5. 2006 | 23. 4. 2007 | 21. 5. 2008 | 21. 5. 2009 |
| Administrator | Česká spořitelna | |||
| Dividend payments of ČEZ, a. s. | |||
|---|---|---|---|
| Dividends for year |
2009 | 2010 | 2011 |
| Gross dividend per share (CZK) |
53,00 | 50,00 | 45,00 |
| Payment date | 1. 8. 10 – 31. 7. 14 | 1. 8. 11 – 31. 7. 15 | 1. 8. 12 – 2. 8. 16 |
| Record date | 29. 6. 2010 | 1. 6. 2011 | 2. 7. 2012 |
| Administrator | Česká spořitelna | ||
| Dividend payments of ČEZ, a. s. | |||
|---|---|---|---|
| Dividends for year |
2012 | 2013 | |
| Gross dividend per share (CZK) |
40,00 | 40,00 | |
| Payment date | 1. 8. 13 – 1. 8. 17 | 1. 8. 14 – 1. 8. 18 | |
| Record date | 25. 6. 2013 | 4. 7. 2014 | |
| Administrator | Česká spořitelna | ||
| Dividend payments of ČEZ, a. s. | |||
| Dividends for year |
2014 | 2015 | 2016 |
| Gross dividend per share (CZK) |
40,00 | 40,00 | 33,00 |
| Payment date | 3. 8. 15 – 1. 8. 19 | 1. 8. 16 – 31. 7. 20 | 1. 8. 17 - 30. 7. 21 |
| Record date | 18. 6. 2015 | 9. 6. 2016 | 27. 6. 2017 |
| Administrator | Česká spořitelna | ||
| Dividends for year |
2017 | 2018 | 2019 |
| Gross dividend per share (CZK) |
33,00 | 24,00 | 34,00 |
| Payment date | 1. 8. 18 – 30. 7. 22 | 1. 8. 19 – 30. 7. 23 | 3. 8. 20 – 31. 7. 24 |
| Record date | 28. 6. 2018 | 26. 6. 2019 | 29. 6. 2020 |
| Administrator | Česká spořitelna | ||
| Dividend payments of ČEZ, a. s. | |||
| Dividends for year |
2020 | 2021 | 2022 |
| Gross dividend per share (CZK) |
52,00 | 48,00 | 145,00 |
| Payment date | 3. 8. 21 – 31. 7. 25 | 1. 11. 22 – 31. 10. 26 | 1. 8. 23 – 30. 7. 27 |
| Record date | 2. 7. 2021 | 4. 7. 2022 | 30. 6. 2023 |
| Administrator | Česká spořitelna | ||
Credit Rating
ČEZ’s long-term credit ratings remained unchanged in the first half of 2023.
On June 23, 2023, the rating agency Standard & Poor’s only updated the long-term rating of ČEZ at Awith a stable outlook.
On February 10, 2023, the rating agency Moody’s only updated the long-term rating of ČEZ at Baa1
with a stable outlook.
Both credit rating agencies are included in the list of credit rating agencies pursuant to Regulation
(EC) No. 1060/2009 of the European Parliament and of the Council, as amended by Regulation (EU)
No. 513/2011 of the European Parliament and of the Council and Regulation (EU) No. 462/2013 of the
European Parliament and of the Council. When selecting credit rating agencies, ČEZ complies with
Article 8d of the aforementioned Regulation. (www.esma.europa.eu/page/list-registered-and-certified-CRAs).
ESG rating
The CEZ Group’s efforts in the field of sustainable development are recognized by ESG rating
companies:
1. Rating AA by MSCI
2. Risk Score by Morningstar Sustainalytics – medium risk rating of 29.4 (100-0 scale, with 100 being
the highest risk)
According to the rating aggregator CSRHub, ČEZ currently ranks in the 84th percentile among more
than 32,000 globally rated companies