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An announcement from Cadeler A/S Sponsored ADR ( (CDLR) ) is now available.
On January 14, 2025, Cadeler A/S reported a significant transaction involving its shares, conducted by BW Altor Pte. Ltd., a company closely associated with the Chairman of the Board, Andreas Sohmen-Pao. This transaction, which took place on the Oslo Stock Exchange, involved the purchase of 943,001 shares at an average price of NOK 58.85 each, amounting to a total value of NOK 55,495,608.85. This development highlights ongoing managerial investments in the company, potentially reflecting confidence in Cadeler’s future performance and reinforcing its positioning within the offshore wind industry.
More about Cadeler A/S Sponsored ADR
Cadeler A/S is a global leader in offshore wind installation, operations, and maintenance services. The company focuses exclusively on the offshore wind industry, emphasizing safety and environmental responsibility. Cadeler owns and operates the largest fleet of jack-up offshore wind installation vessels and has been instrumental in the development of offshore wind energy for over a decade. The company is committed to sustainable wind farm installation and is listed on both the New York Stock Exchange and the Oslo Stock Exchange.
YTD Price Performance: -8.85%
Average Trading Volume: 43,301
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $1.91B
Learn more about CDLR stock on TipRanks’ Stock Analysis page.
