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Polaris Media Sells Shares in Employee Program

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Polaris Media Sells Shares in Employee Program

Polaris Media ASA ( (DE:93J) ) just unveiled an announcement.

Polaris Media ASA has sold 87,723 of its own shares as part of an employee share purchase program, with shares priced at NOK 62.09 each after a discount. The transaction will reduce the company’s holding to 134,713 shares, representing 0.27% of the outstanding shares and voting rights, indicating a strategic move to engage employees and manage share distribution.

More about Polaris Media ASA

YTD Price Performance: -4.14%

Average Trading Volume: 32

Technical Sentiment Signal: Sell

Current Market Cap: €338.6M

For an in-depth examination of 93J stock, go to TipRanks’ Stock Analysis page.

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