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Aker ASA ( (AKAAF) ) has issued an announcement.
Aker ASA has announced a share buyback program to repurchase up to 429,067 shares to settle a share loan from TRG Holding AS, related to a recent merger involving Aker Horizons ASA. This buyback, authorized by the board and managed by Nordea Bank, will be conducted under EU regulations and is set to run until December 31, 2025, potentially impacting Aker’s stock liquidity and shareholder value.
The most recent analyst rating on (AKAAF) stock is a Sell with a NOK565.00 price target. To see the full list of analyst forecasts on Aker ASA stock, see the AKAAF Stock Forecast page.
More about Aker ASA
Average Trading Volume: 36,059
Current Market Cap: NOK57.72B
Learn more about AKAAF stock on TipRanks’ Stock Analysis page.