Norsk Hydro: Status share buyback program
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Norsk Hydro ASA is conducting a share buyback program announced on September 11, 2024, and ending on February 28, 2025. Recent transactions include buying back shares at various prices, with a total of 17,425,587 shares accumulated to date.
December 27, 2024 | 11:15 am
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POSITIVE IMPACT
Norsk Hydro ASA is actively buying back shares as part of its ongoing share buyback program, which could potentially increase the stock price by reducing the number of shares available in the market.
The share buyback program reduces the number of shares available in the market, which can lead to an increase in the stock price due to supply and demand dynamics. The program is significant as it shows the company's confidence in its own value.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90