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ABG Sundal Collier Announces Strategic Share Buyback

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ABG Sundal Collier Announces Strategic Share Buyback

ABG Sundal Collier ( (ABGSF) ) has shared an update.

ABG Sundal Collier Holding ASA has announced a share buyback program, purchasing 9,414,500 shares at NOK 7.30 each, totaling up to NOK 100,000,000. This move increases the company’s treasury shares to 15,923,990 and is part of a broader strategy involving forward contracts for 62,542,000 shares, with settlements planned between 2025 and 2030, indicating a strategic focus on managing its capital structure.

More about ABG Sundal Collier

YTD Price Performance: 2.09%

Average Trading Volume: 6,125

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $323.8M

See more data about ABGSF stock on TipRanks’ Stock Analysis page.

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