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Magnora ASA Announces Ex-Distribution of NOK 0.187 Per Share

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Magnora ASA Announces Ex-Distribution of NOK 0.187 Per Share

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Magnora ASA ( (SVMRF) ) has issued an update.

Magnora ASA announced that its shares will trade ex-distribution of NOK 0.187 per share starting from 4 March 2025, following a resolution from the annual general meeting in April 2024. This distribution reflects the company’s ongoing commitment to shareholder value and may impact its market positioning and stakeholder interests.

More about Magnora ASA

Magnora ASA is a renewable-energy group that focuses on developing wind, solar, and battery storage projects. The company operates in Europe and Africa through various portfolio companies and is listed on the Oslo Stock Exchange under the ticker MGN.

YTD Price Performance: -20.41%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $129.4M

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

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