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The latest update is out from Nordic Semiconductor ASA ( (GB:0FF9) ).
Nordic Semiconductor ASA’s Board of Directors has approved a share repurchase program to support its long-term employee equity-linked incentive plans. The program will allow the purchase of up to 9.96% of outstanding shares or a total of NOK 240 million, with specific regulations and price limits ensuring compliance with market regulations. This initiative reflects the company’s strategic approach to managing its equity obligations and could impact its financial performance and shareholder value.
More about Nordic Semiconductor ASA
Nordic Semiconductor ASA operates in the technology sector, specializing in semiconductor products. The company focuses on designing and manufacturing wireless communication chips used in various applications, including consumer electronics, healthcare, and industrial markets.
YTD Price Performance: 10.10%
Average Trading Volume: 37,009
Technical Sentiment Consensus Rating: Buy
Current Market Cap: NOK20.88B
For detailed information about 0FF9 stock, go to TipRanks’ Stock Analysis page.
