Magnora ASA (SVMRF) has released an update.
Magnora ASA has repurchased 100,000 of its own shares at an average price of NOK 24.4683 per share, raising its total holdings to 2.6% of the company’s outstanding shares. This move is part of a larger buyback program that has seen the company acquire over 1.7 million shares. Investors may view this as a potential positive signal about the company’s confidence in its future performance.
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