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XXL ASA ( (GB:0R3P) ) has provided an update.
XXL ASA has completed a buy-back of 2,531 shares at an average price of NOK 12.9855 per share to fulfill its obligations for the 2022 restricted share units program. This strategic move, managed by DNB Markets, will see the shares transferred to employees, potentially strengthening stakeholder trust and aligning employee interests with company performance.
More about XXL ASA
XXL ASA is a leading sports retailer with a substantial presence in Norway, Sweden, and Finland. Known as the largest sports retailer in the Nordics, XXL offers a comprehensive range of products for sports, hunting, skiing, biking, and other outdoor activities, focusing on branded goods and competitive pricing.
YTD Price Performance: 50.98%
Average Trading Volume: 3,466
Technical Sentiment Consensus Rating: Buy
Current Market Cap: NOK1.01B
Learn more about 0R3P stock on TipRanks’ Stock Analysis page.