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Magnora ASA ( (SVMRF) ) has provided an update.
Magnora ASA has acquired 46,865 of its own shares at an average price of NOK 25.7283, bringing its total holdings to 1,819,953 shares, which represents 2.8 percent of its outstanding shares. This buyback is part of an ongoing program that has seen Magnora repurchase nearly 1.85 million shares, potentially strengthening its market position and signaling confidence to investors.
More about Magnora ASA
Magnora ASA is a company listed on the Oslo Stock Exchange under the ticker MGN, with a portfolio of renewable companies including Kustvind AB, Magnora Offshore Wind AS, Magnora Solar PV UK, Hafslund Magnora Sol AS, Magnora South Africa, and AGV. It also holds interests in Helios Nordic Energy, Evolar, and Hermana Holding, focusing on renewable energy sectors.
YTD Price Performance: -7.14%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $151.3M
Find detailed analytics on SVMRF stock on TipRanks’ Stock Analysis page.
