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Aker BP Announces Share Buyback for Employee Plan

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Aker BP Announces Share Buyback for Employee Plan

Confident Investing Starts Here:

Aker BP ASA ( (GB:0M5J) ) just unveiled an update.

Aker BP plans to repurchase up to 1.5 million of its own shares as part of its employee share saving plan, with the transaction expected to be completed by September 2025. This move, with a maximum expenditure of NOK 750 million, reflects the company’s commitment to enhancing employee engagement and potentially stabilizing its share price.

The most recent analyst rating on (GB:0M5J) stock is a Buy with a NOK345.00 price target. To see the full list of analyst forecasts on Aker BP ASA stock, see the GB:0M5J Stock Forecast page.

More about Aker BP ASA

Aker BP is a leading exploration and production company focused on oil and gas operations on the Norwegian continental shelf. The company operates several field centres, including Alvheim, Edvard Grieg, Ivar Aasen, Skarv, Ula, and Valhall, and is a key partner in the Johan Sverdrup field. Headquartered in Fornebu, Norway, Aker BP is listed on the Oslo Børs under the ticker AKRBP.

Average Trading Volume: 1,345,975

Current Market Cap: NOK147.2B

Find detailed analytics on 0M5J stock on TipRanks’ Stock Analysis page.

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