Aker BP ASA Acquires 500,000 Shares for Employee Plan

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

Aker BP ASA has announced the purchase of 500,000 of its own shares at an average price of NOK 238.11 as part of its employee share saving plan. This transaction increases the company’s total ownership to 557,009 shares, representing 0.09% of its share capital, which may strengthen employee engagement and align interests with shareholders.

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 and is a key partner in the Johan Sverdrup field. It is headquartered in Fornebu, Norway, and is listed on the Oslo Børs.

YTD Price Performance: 12.28%

Average Trading Volume: 1,329,821

Current Market Cap: NOK148.5B

For detailed information about 0M5J stock, go to TipRanks’ Stock Analysis page.