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The latest announcement is out from Odfjell Drilling Ltd. ( (DE:OD3) ).
Odfjell Drilling Ltd is dealing with an adverse administrative tax ruling from the Norwegian Tax Authorities, resulting in a NOK 307 million upfront payment for the years 2017 through 2021. Despite a court judgment in favor of the tax authorities, Odfjell remains confident in ultimately winning the case on appeal, maintaining the payment as refundable with no expected liquidity impact.
More about Odfjell Drilling Ltd.
YTD Price Performance: 19.67%
Average Trading Volume: 171
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.22B
For an in-depth examination of OD3 stock, go to TipRanks’ Stock Analysis page.
