XXL ASA ( (GB:0R3P) ) has shared an announcement.
XXL ASA has completed a significant reduction in its share capital, decreasing it from NOK 985,429,800 to NOK 2,463,574.50. This move, which involved reducing the nominal value of shares, was finalized without creditor objections and is now registered with the Norwegian Register of Business Enterprises. The change results in a total of 24,635,745 shares, potentially impacting the company’s financial structure and market positioning.
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 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 widest assortment of branded goods.
YTD Price Performance: 29.18%
Average Trading Volume: 2,461
Technical Sentiment Consensus Rating: Buy
Current Market Cap: NOK858.2M
See more insights into 0R3P stock on TipRanks’ Stock Analysis page.