Norsk Hydro: Market part of Hydro`s 2024-2025 share buyback program finalized
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Norsk Hydro has completed the open market repurchase of shares as part of its 2024-2025 buyback program, repurchasing 20,067,969 shares out of a total of 30,526,862 shares.
January 08, 2025 | 11:15 am
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Norsk Hydro has completed a significant portion of its 2024-2025 share buyback program, repurchasing over 20 million shares in the open market.
The completion of a large share buyback program often signals management's confidence in the company's future prospects and can lead to a positive impact on the stock price due to reduced share supply and increased earnings per share.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100