Norsk Hydro: Status share buyback program
Portfolio Pulse from
Norsk Hydro ASA is conducting a share buyback program from September 11, 2024, to February 28, 2025. Recent transactions include buying back shares at varying prices, with a total accumulated value of NOK 644,037,928.
November 20, 2024 | 11:15 am
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POSITIVE IMPACT
Norsk Hydro ASA is actively buying back shares, which could indicate confidence in the company's value and potentially support the stock price.
The share buyback program suggests that Norsk Hydro ASA is confident in its financial health and believes its shares are undervalued. This action typically supports the stock price as it reduces the number of shares available in the market, potentially increasing earnings per share.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100