Ecopetrol approved paying a dividend of $121 pesos per share
This Friday, March 27, the Ecopetrol Shareholders' Meeting was held in Corferias. It started at 9:00 a.m. and ended eight hours later amidst strong tensions.
TL;DR
- Ecopetrol approved a dividend of 121 pesos per share.
- This dividend is a 43% decrease compared to the 212 pesos per share distributed in 2024.
- The reduction is linked to Ecopetrol's net profit of 9 trillion pesos in 2025, a 39.5% fall from 2024.
- The Colombian government, owning 88% of Ecopetrol shares, is the largest beneficiary.
- Minority shareholders' proposal to discuss President Ricardo Roa's position was denied.
- Roa stated he is calm regarding the investigation against him.
- A decision on Roa's continuity is expected on March 30.