Norsk Hydro: Status share buyback program
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Norsk Hydro ASA is actively conducting a share buyback program, with significant transactions occurring between November 27 and December 3, 2024. The program aims to repurchase shares until February 28, 2025.
December 04, 2024 | 11:15 am
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POSITIVE IMPACT
Norsk Hydro ASA is executing a share buyback program, purchasing significant volumes of shares at an average price of around 68 NOK. This program is likely to support the stock price by reducing the number of shares in circulation.
The share buyback program involves repurchasing shares, which can reduce the number of shares available in the market, potentially increasing the stock price. The transactions show a consistent buyback effort, indicating a positive impact on the stock price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90