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XXL ASA ( (GB:0R3P) ) has provided an update.
XXL ASA has announced a fully underwritten rights issue to raise approximately NOK 600 million, subject to shareholder approval and regulatory clearances. This move aims to strengthen its financial position, with the subscription rights to be listed on the Oslo Stock Exchange, potentially impacting its market operations and shareholder value.
More about XXL ASA
XXL ASA is a leading sports retailer operating in Norway, Sweden, and Finland. It is the largest sports retailer in the Nordics, offering a diverse selection of products for sports, hunting, skiing, biking, and outdoor activities, focusing on branded goods and providing a one-stop-shop experience.
YTD Price Performance: -1.01%
Average Trading Volume: 3,641
Technical Sentiment Consensus Rating: Buy
Current Market Cap: NOK259.9M
See more data about 0R3P stock on TipRanks’ Stock Analysis page.
