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REC Silicon ASA ( (RNWEF) ) has shared an update.
Anchor AS has made a significant move to acquire a majority stake in REC Silicon ASA by increasing its shareholding to approximately 58.76% following the acceptance of its unconditional mandatory offer. This acquisition marks a pivotal shift in REC Silicon’s ownership structure, potentially impacting its strategic direction and stakeholder interests, as it crosses the 50% threshold for major shareholding disclosure under Norwegian law.
The most recent analyst rating on (RNWEF) stock is a Hold with a NOK8.00 price target. To see the full list of analyst forecasts on REC Silicon ASA stock, see the RNWEF Stock Forecast page.
More about REC Silicon ASA
REC Silicon ASA is a company operating in the renewable energy sector, primarily focusing on the production of silicon materials. These materials are essential for the solar energy industry and various electronic applications. The company aims to strengthen its market position by expanding its shareholding and enhancing its operational capabilities.
Average Trading Volume: 1,049,649
Current Market Cap: NOK918.6M
For a thorough assessment of RNWEF stock, go to TipRanks’ Stock Analysis page.