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Nordic Halibut AS Expands Share Capital to Support Growth
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Nordic Halibut AS Expands Share Capital to Support Growth

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Nordic Halibut AS ( (DE:9K1) ) just unveiled an announcement.

Nordic Halibut AS has announced the successful registration of its increased share capital following a private placement of 14,250,000 new shares at NOK 20 each. This development is part of the company’s ongoing strategy to enhance shareholder value through organic growth by boosting production capabilities, aligning with its long-term expansion goals.

More about Nordic Halibut AS

Nordic Halibut AS is a leading company in the aquaculture industry, specializing in the farming of Atlantic halibut. Located in Averøy, Norway, the company boasts a comprehensive value chain from genetics to sales. It has achieved significant advancements in early-phase production and has set ambitious growth targets to expand its production volumes to 4,500 tonnes HOG by 2027 and 10,350 tonnes HOG by 2031.

YTD Price Performance: -9.44%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €65.16M

For an in-depth examination of 9K1 stock, go to TipRanks’ Stock Analysis page.

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