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Magnora ASA CFO Increases Shareholding Through Option Exercise

Story Highlights
  • Magnora ASA is a renewable-energy group focusing on wind, solar, and battery projects.
  • CFO Bård Olsen exercised 50,000 share options, boosting his holdings to 115,978 shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Magnora ASA CFO Increases Shareholding Through Option Exercise

Magnora ASA ( (SVMRF) ) just unveiled an update.

Bård Olsen, CFO of Magnora ASA, has exercised 50,000 share options, increasing his total shareholding to 115,978 shares, with 50,000 share options remaining. This move highlights the company’s ongoing commitment to its share incentive scheme, potentially strengthening stakeholder confidence and supporting its market position in the renewable energy sector.

More about Magnora ASA

Magnora ASA is a renewable-energy group that focuses on developing wind, solar, and battery storage projects. The company operates in Europe and Africa through various portfolio companies and is listed on the Oslo Stock Exchange under the ticker MGN.

YTD Price Performance: -14.29%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $137.8M

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

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