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Elkem ASA ( (ELKEF) ) just unveiled an update.
Elkem ASA announced that option holders exercised 50,000 options at NOK 19.10 per share under the company’s share incentive program. This transaction will be fulfilled by transferring shares from Elkem’s own holdings, reducing its shareholding to 5,221,900 shares. The move underscores Elkem’s commitment to stakeholder engagement through structured financial incentives, aligning with its strategic focus on sustainable growth and market leadership in silicon-based materials.
More about Elkem ASA
Elkem is a global leader in silicon-based materials, providing advanced silicones, silicon products, and carbon solutions with a focus on sustainability. The company supports innovations in electric mobility, digital communications, health, and sustainable city development. With over 7,200 employees, Elkem generated an operating income of NOK 33 billion in 2024 and is recognized for its environmental efforts, holding top scores in Forests and Water Security.
YTD Price Performance: 19.35%
Average Trading Volume: 2,000
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.19B
For an in-depth examination of ELKEF stock, go to TipRanks’ Stock Analysis page.
