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The latest announcement is out from REC Silicon ASA ( (RNWEF) ).
Anchor AS has successfully completed its voluntary all-cash offer to acquire 43.94% of REC Silicon ASA’s shares at NOK 2.20 per share, marking a significant development in the company’s ownership structure. This acquisition is expected to impact REC Silicon’s market positioning and stakeholder interests, as Anchor AS plans to launch a mandatory offer in compliance with Norwegian securities regulations.
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 used in solar panels and electronic applications. The company is a significant player in the global market for polysilicon and silicon gases, catering to the needs of the solar energy and electronics industries.
YTD Price Performance: -37.60%
Average Trading Volume: 1,961,386
Current Market Cap: NOK943M
See more insights into RNWEF stock on TipRanks’ Stock Analysis page.