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Kongsberg Automotive Settles LTI 2022 Program with Treasury Shares Release

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Kongsberg Automotive Settles LTI 2022 Program with Treasury Shares Release

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The latest announcement is out from Kongsberg Automotive Holding ASA ( (KGAUF) ).

Kongsberg Automotive has released 1.96 million treasury shares to settle its Long Term Incentive (LTI) 2022 Program, impacting both primary and non-primary insiders. This move, approved in the 2022 General Annual Meeting, signifies a strategic step in rewarding key personnel, potentially enhancing stakeholder confidence and aligning interests with the company’s sustainable mobility goals.

The most recent analyst rating on (KGAUF) stock is a Hold with a NOK1.55 price target. To see the full list of analyst forecasts on Kongsberg Automotive Holding ASA stock, see the KGAUF Stock Forecast page.

More about Kongsberg Automotive Holding ASA

Kongsberg Automotive provides cutting-edge technology to the global vehicle industry, focusing on engineering, sustainability, and innovation. Their product portfolio includes driver and motion control systems, fluid assemblies, and industrial driver interface products.

Average Trading Volume: 3,040,825

Current Market Cap: NOK1.55B

Learn more about KGAUF stock on TipRanks’ Stock Analysis page.

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