KONGSBERG Launches NOK 360 Million Share Buy-Back for Employee Program

The latest announcement is out from Kongsberg Gruppen ASA ( (NSKFF) ).

KONGSBERG has initiated a share buy-back program through DNB Markets, valued at up to NOK 360 million, to support its employee share program. This initiative sees participation from 8,947 employees, a significant increase from the previous year, and aims to allocate shares based on the average purchase price, with a one-year lock-in period for participants.

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 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: 32.61%

Average Trading Volume: 352,874

Current Market Cap: NOK296.8B

See more insights into NSKFF stock on TipRanks’ Stock Analysis page.