Sasol hosts capital markets day, revises dividend policy

Sasol Limited (JSE:SOL) hosted its Capital Markets Day today, unveiling its strategy to strengthen its core business and position the Group for future growth, focusing on restoring the Southern Africa value chain, resetting the International Chemicals business, growing and transforming the business, and reducing emissions. The company is targeting value delivery, debt reduction, and improved shareholder returns. Furthermore, Sasol's Board of Directors has approved a revision to the dividend policy, adjusting the net debt threshold that triggers dividend payments from US$4 billion to US$3 billion (excluding leases). All other aspects of the policy remain unchanged. The updated policy aims to align with the current volatile macroeconomic environment, ensuring a resilient balance sheet and sustainable shareholder returns. Presentation materials are available on the company's website.