Magnora ASA (SVMRF) has released an update.
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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.
For further insights into SVMRF stock, check out TipRanks’ Stock Analysis page.
