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SATS ASA ( (DE:2S0) ) has shared an update.
SATS ASA’s board has approved a Share Investment Program to align employee and shareholder interests, offering up to 2.5 million shares to employees and, pending approval, board members. The shares are priced with a discount due to a three-year lock-up, using treasury shares and a share buyback program. This initiative underscores the company’s commitment to share-based remuneration as previously approved.
More about SATS ASA
SATS ASA is a company operating in the health and fitness industry, offering a range of services and facilities to promote physical well-being. Its primary focus is on providing gym memberships and related fitness solutions, catering to a broad market of health-conscious individuals.
YTD Price Performance: 10.76%
Average Trading Volume: 304
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €498.7M
Learn more about 2S0 stock on TipRanks’ Stock Analysis page.