Kongsberg Gruppen Initiates NOK 360 Million Share Buyback

Kongsberg Gruppen ASA ( (NSKFF) ) just unveiled an update.

Kongsberg Gruppen has announced a share buyback program valued at up to NOK 360 million as part of its employee share program. This move results in Kongsberg owning 132,783 of its own shares, representing 0.08% of its share capital, potentially impacting its market positioning and shareholder value.

The most recent analyst rating on (NSKFF) stock is a Hold with a NOK850.00 price target. To see the full list of analyst forecasts on Kongsberg Gruppen ASA stock, see the NSKFF Stock Forecast page.

More about Kongsberg Gruppen ASA

Kongsberg Gruppen is an international, knowledge-based group that provides high-tech systems and solutions across various markets, including defense, security, maritime, energy, aerospace, climate mapping, and underwater technology. The company employs over 14,600 people in more than 40 countries and reported total sales of 48.9 billion kroner in 2024.

YTD Price Performance: 36.19%

Average Trading Volume: 338,838

Current Market Cap: NOK304.8B

For detailed information about NSKFF stock, go to TipRanks’ Stock Analysis page.