Shareholders
- As at December 31, 2024, the Czech Republic remained the company's largest shareholder with a nearly 70% stake in the stated capital.
- As at December 31, 2024, 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 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.
- Treasury shares - As at December 31, 2024, 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 December 31, 2024, the following entities were recorded as having stakes of at least 1% of the stated capital of CEZ, a. s.: - Czech Republic, represented by the Ministry of Finance of the Czech Republic, holding a total share amounting to 69.78% of the stated capital, i.e., 69.93% of voting rights,
- Belviport Trading Limited, holding a share amounting to 2.86% of the stated capital, i.e., 2.87% of voting rights,
- Abaretia Holdings Limited, holding a share amounting to 1.41% of the stated capital, i.e., 1.41% of voting rights,
- Clearstream Banking S.A., holding a share amounting to 1.39% of the stated capital, i.e., 1.40% of voting rights.
- PPF banka, a.s., holding a share amounting to 1.37% of the stated capital, i.e., 1.37% of voting rights,
- Chase Nominees Limited, holding a share amounting to 1.37% of the stated capital, i.e., 1.37% of voting rights.
| Shareholder Structure | |||
|---|---|---|---|
| at 31. 12. 2022 | at 31. 12. 2023 | at 31. 12. 2024 | |
| Legal entities, total | 86.40 % | 87.00 % | 86.97 % |
| Czech Republic | 69.78 % | 69.78 % | 69.78 % |
| CEZ, a. s. | 0.22 % | 0.22 % | 0.22 % |
| Other legal entities | 16.40 % | 17.00 % | 16.97 % |
| Private individuals, total | 13.60 % | 13.00 % | 13.03 % |
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.
The Company’s Annual Shareholders’ Meeting, held on June 23, 2025, decided to pay a dividend of CZK 52 per share before tax to the Company’s shareholders. The record date for exercising the right to the dividends was June 27, 2025.
| 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.
| 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 | ||
| Dividends for year |
2023 | 2024 | |
| Gross dividend per share (CZK) |
52,00 | 47,00 | |
| Payment date | 1. 8. 24 – 31. 7. 28 | 1. 8. 25 – 31. 7. 29 | |
| Record date | 28. 6. 2024 | 27. 6. 2025 | |
| Administrator | Česká spořitelna | ||
Credit Rating
In 2024, the long-term rating rates of ČEZ remained unchanged, and the Moody’s rating agency changed the rating outlook from stable to negative.
On March 22, 2024 and August 9, 2024, the Standard & Poor’s rating agency updated the long-term rating of ČEZ at A-, with a stable outlook.
On March 26, 2024 and April 5, 2024, the Moody’s rating agency updated the long-term rating of ČEZ at Baa1, and its stable outlook was changed to negative.
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
CEZ Group continues to improve its ESG rating, i.e., the rating of its environmental and social activities and transparent governance. Ratings of CEZ Group in the area of ESG sustainable development by rating companies:
- According to the rating aggregator CSRHub, CEZ Group achieved a position 1) corresponding to the 94th percentile of more than 40,000 companies evaluated.
- MSCI awarded CEZ Group an AA rating, ranking it among the leaders compared to over 400 companies in the energy sector.
- Morningstar Sustainalytics improved CEZ Group’s rating to 26.8 (on a scale of 100 to 0, where 100 means the highest risk).
- Standard & Poor’s Global ESG awarded CEZ Group an overall rating of 53/100.
- CEZ Group defended its rating of C (on a scale of A to D, where A means the best rating) from the non-profit organization Carbon Disclosure Project (CDP).