Kongsberg Gruppen ASA Proposes Stock Split to Enhance Liquidity

An announcement from Kongsberg Gruppen ASA ( (NSKFF) ) is now available.

Kongsberg Gruppen ASA has announced a proposed stock split, converting one existing share into five new shares, subject to approval at the annual General Meeting on 8 May 2025. This strategic move is likely to enhance the stock’s liquidity and potentially broaden the company’s investor base, which could have positive implications for stakeholders.

More about Kongsberg Gruppen ASA

Kongsberg Gruppen ASA is an international, knowledge-based group that supplies high-tech systems and solutions to customers in the energy, merchant, navy, defence, and aerospace industries. The company employs over 14,000 people across 39 countries and reported total revenues of NOK 48.9 billion in 2024.

YTD Price Performance: 3.76%

Average Trading Volume: 485

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $20.49B

See more data about NSKFF stock on TipRanks’ Stock Analysis page.