Kongsberg Gruppen Initiates NOK 360 Million Share Buyback for Employee Program

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

Kongsberg Gruppen ASA has announced a share buyback program valued at up to NOK 360 million as part of its employee share program. This move, which results in the company owning 173,283 of its own shares, aims to enhance employee engagement and align interests, potentially strengthening its market position and benefiting stakeholders.

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 ASA 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. With over 14,600 employees in more than 40 countries, the company reported a total revenue of 48.9 billion kroner in 2024.

YTD Price Performance: 41.30%

Average Trading Volume: 333,964

Current Market Cap: NOK316.3B

For an in-depth examination of NSKFF stock, go to TipRanks’ Stock Analysis page.