Magnora ASA Increases Share Repurchase in Strategic Move

Magnora ASA (SVMRF) has released an update.

Magnora ASA has recently repurchased 10,000 of its own shares at an average price of NOK 27.8505 per share, increasing its total holdings to 1,773,088 shares, which accounts for 2.7% of the company’s outstanding shares. This move aligns with Magnora’s broader strategy to enhance shareholder value while maintaining a strong presence in the renewable energy sector.

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