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BlueNord ASA Announces USD 50 Million Share Buyback Offer

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BlueNord ASA Announces USD 50 Million Share Buyback Offer

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Norwegian Energy Company ASA ( (GB:0HTF) ) just unveiled an update.

BlueNord ASA has announced a buyback offer to repurchase up to USD 50 million worth of its shares, with the price set between NOK 505 and NOK 520 per share. The offering, which ends on 16 July 2025, aims to treat all shareholders equally and is managed by DNB Carnegie. This move reflects the company’s strategic efforts to manage its equity structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:0HTF) stock is a Buy with a NOK681.00 price target. To see the full list of analyst forecasts on Norwegian Energy Company ASA stock, see the GB:0HTF Stock Forecast page.

More about Norwegian Energy Company ASA

BlueNord ASA is a significant European oil and gas company focused on producing and developing energy resources, as well as supporting the energy transition. The company operates in the Danish North Sea with a 36.8 percent interest in the Danish Underground Consortium and is listed on the Oslo Stock Exchange under the ticker ‘BNOR’.

Average Trading Volume: 45,948

Current Market Cap: NOK14.04B

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

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