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An announcement from Elkem ASA ( (ELKEF) ) is now available.
Elkem ASA, a pure-play metals and materials producer with leading positions in silicon, foundry alloys and carbon products, underpins key value chains in infrastructure, manufacturing, digitalisation and the energy transition, and is listed on the Oslo Stock Exchange. The company, which employs more than 3,000 people across more than 30 sites globally, is based in Oslo.
Elkem has confirmed that its shares will trade without rights to participate in a planned subsequent offering of up to 11,111,111 new shares from 7 May 2026, a transaction targeting gross proceeds of about NOK 300 million. The ex-rights date marks a key step in the follow-on capital raise, clarifying entitlement for existing and prospective shareholders and aligning with Euronext’s continuing obligations for listed issuers.
The most recent analyst rating on (ELKEF) stock is a Buy with a NOK31.70 price target. To see the full list of analyst forecasts on Elkem ASA stock, see the ELKEF Stock Forecast page.
More about Elkem ASA
Elkem ASA is a pure-play metals and materials company with globally leading positions in silicon, foundry alloys and carbon products, supplying materials essential to modern infrastructure, manufacturing, digitalisation and the energy transition. The Oslo-listed group, headquartered in Norway, employs more than 3,000 people and operates in over 30 locations worldwide.
Average Trading Volume: 1,480,742
Current Market Cap: NOK17.77B
For a thorough assessment of ELKEF stock, go to TipRanks’ Stock Analysis page.