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XXL ASA Announces Share Buyback to Support Employee Share Program

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XXL ASA Announces Share Buyback to Support Employee Share Program

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XXL ASA ( (GB:0R3P) ) has provided an update.

XXL ASA has announced its intention to buy back up to 3,563 of its existing shares to fulfill obligations from its 2022 restricted share units program. The buyback, facilitated by DNB Markets, will be conducted at market prices across various trading venues, with further details to be disclosed post-completion.

More about XXL ASA

XXL ASA is a leading sports retailer in the Nordics, operating in Norway, Sweden, and Finland. The company is the largest among major sports retailers in the region, offering a wide range of products for sports, hunting, skiing, biking, and other outdoor activities. XXL focuses on providing a one-stop-shop experience with the largest stores, best prices, and a wide assortment of branded goods.

YTD Price Performance: 50.98%

Average Trading Volume: 3,466

Technical Sentiment Consensus Rating: Buy

Current Market Cap: NOK1.01B

For a thorough assessment of 0R3P stock, go to TipRanks’ Stock Analysis page.

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