tiprankstipranks
Company Announcements

Magnora ASA Increases Share Buybacks Amidst Renewable Focus

Magnora ASA Increases Share Buybacks Amidst Renewable Focus

Magnora ASA (SVMRF) has released an update.

Magnora ASA has repurchased 43,550 of its own shares at an average price of NOK 25.0291 per share, bringing its total holdings to 2.7% of the company’s outstanding shares. This move is part of an ongoing share buyback program that aims to consolidate the company’s ownership. As a player in the renewable energy sector, Magnora’s activities continue to draw interest in the financial markets.

For further insights into SVMRF stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App