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Schibsted ASA Finalizes Share Capital Reduction

Schibsted ASA Finalizes Share Capital Reduction

Schibsted ASA (GB:0MHM) has released an update.

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Schibsted ASA has completed a reduction of its share capital following a share buyback program, resulting in the redemption of over 5 million shares. The company’s share capital now stands at NOK 116,962,422.50, divided into A and B shares with a nominal value of NOK 0.50 each. This change follows the approval of the Annual General Meeting and the capital reduction process has been fully registered with the Norwegian authorities.

For further insights into GB:0MHM stock, check out TipRanks’ Stock Analysis page.

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