Aker BP Completes Share Buyback Program

Aker BP ASA ( (GB:0M5J) ) has shared an update.

Aker BP ASA has completed its share buyback program, purchasing a total of 1,500,000 shares at an average price of NOK 247.18 as part of its employee share saving plan. This transaction increases the company’s total ownership to 1,557,009 shares, representing 0.25% of its share capital, potentially enhancing shareholder value and employee engagement.

The most recent analyst rating on (GB:0M5J) stock is a Buy with a NOK340.00 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 centers 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.

YTD Price Performance: 30.43%

Average Trading Volume: 1,326,187

Current Market Cap: NOK172.5B

For an in-depth examination of 0M5J stock, go to TipRanks’ Overview page.