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IDEX Biometrics ( (IDXAF) ) has shared an update.
IDEX Biometrics ASA announced that during its annual general meeting, it was resolved that board members could opt to receive their remuneration in shares, valued at 133% of the NOK amount. One board member, Annika Olsson, chose this option, resulting in the issuance of 5,412,932 new shares. This decision will increase the company’s share capital to NOK 38,370,439.31. This move reflects IDEX’s strategic approach to align board members’ interests with company performance, potentially enhancing stakeholder confidence and market positioning.
More about IDEX Biometrics
IDEX Biometrics ASA is a global technology leader specializing in fingerprint biometrics. The company provides authentication solutions for payments, access control, and digital identity, leveraging patented sensor technologies, integrated circuit designs, and software. IDEX Biometrics collaborates with leading card manufacturers and technology companies to deliver card-based applications for payments and digital authentication.
YTD Price Performance: -45.69%
Average Trading Volume: 23,058,767
Current Market Cap: NOK314.2M
See more data about IDXAF stock on TipRanks’ Stock Analysis page.