BOGOTA,
Colombia, March 25, 2024 /PRNewswire/ -- Ecopetrol
S.A. (BVC: ECOPETROL; NYSE: EC) informs that its shareholders,
during the General Ordinary Shareholders' Meeting, held on
March 22, 2024, approved the
distribution of dividends as follows: an ordinary dividend of two
hundred and seventy-eight pesos (COP
$278) per share and an extraordinary
dividend of thirty-four pesos (COP
$34) per share, for a total dividend
distribution of three hundred and twelve
pesos (COP $312) per share.
The payment of the ordinary and extraordinary dividend to minority
shareholders will be made in two installments of equal value, on
the following dates: April 3, 2024
and June 26, 2024. The payment to the
majority shareholder will be made during the course of the year and
in any case before December 31, 2024,
taking into account the payment schedule of the balance of the debt
of the Fuel Price Stabilization Fund (FEPC) accrued during 2023,
which is owed by the majority shareholder to Ecopetrol.
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Ecopetrol is the largest company in Colombia and one of the main integrated energy
companies in the American continent with more than 18,000
employees. In Colombia, it is
responsible for more than 60% of the hydrocarbon production of most
transportation, logistics, and hydrocarbon refining systems, and it
holds leading positions in the petrochemicals and gas distribution
segments. With the acquisition of 51.4% of ISA's shares, the
company participates in energy transmission, the management of
real-time systems (XM), and the Barranquilla - Cartagena coastal highway concession. At the
international level, Ecopetrol has a stake in strategic basins in
the American continent, with Drilling and Exploration operations in
the United States (Permian basin
and the Gulf of Mexico),
Brazil, and Mexico, and, through ISA and its subsidiaries,
Ecopetrol holds leading positions in the power transmission
business in Brazil, Chile, Peru,
and Bolivia, road concessions in Chile, and the telecommunications
sector.
This press release contains forward-looking statements which
are based on current expectations and assumptions about future
events and which can be identified by the use of forward-looking
terminology such as "may", "will", "should", "expect",
"anticipate", "estimate", "intend", "continue", or "believe" or
other words of similar import, and which forward-looking statements
also include certain projections, forecasts, budgets and other
estimates. These forward-looking statements are subject to risks
and uncertainties that could cause actual results to differ
materially from those expressed in the forward-looking statements.
Many of these risks and uncertainties relate to factors that are
beyond the Ecopetrol's control. Ecopetrol does not undertake any
obligation to provide any additional information or to update this
press release or to correct any inaccuracies that may become
apparent, whether as a result of new information, future events or
otherwise. You should not place undue reliance on forward-looking
statements, which speak only as of the date of this press
release.
For more information, please contact:
Head of Capital Markets
Carolina Tovar Aragón
Email: investors@ecopetrol.com.co
Head of Corporate Communications (Colombia)
Marcela Ulloa
Email: marcela.ulloa@ecopetrol.com.co
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SOURCE Ecopetrol S.A.