Kongsberg Gruppen ASA Transfers Shares to Key Employees Under Incentive Program

Story Highlights
Kongsberg Gruppen ASA Transfers Shares to Key Employees Under Incentive Program

Kongsberg Gruppen ASA ( (NSKFF) ) has shared an announcement.

Kongsberg Gruppen ASA has transferred 11,671 shares to senior management and key employees as part of its long-term incentive program, with a three-year lock-in period for the shares. This move is part of the company’s strategy to align the interests of its key personnel with its long-term goals, potentially strengthening its market position and stakeholder confidence.

More about Kongsberg Gruppen ASA

KONGSBERG is an international, knowledge-based group that provides high-technology systems and solutions across various markets, including defense, security, maritime, energy, aerospace, climate mapping, and subsea technology. With over 14,600 employees in more than 40 countries, the company reported a total revenue of NOK 48.9 billion in 2024.

YTD Price Performance: 21.81%

Average Trading Volume: 850

Technical Sentiment Signal: Sell

Current Market Cap: $25.33B

For a thorough assessment of NSKFF stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App