Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Magnora ASA ( (SVMRF) ) has provided an update.
Magnora ASA announced that Torstein Sanness, Chairman of the Board, has received proxies representing 8.36% of shares and votes for the upcoming Annual General Meeting, bringing his total control to 9.39% of shares and votes. This crossing of the 5% disclosure threshold is significant for the company’s governance and shareholder dynamics.
More about Magnora ASA
Magnora ASA is a company that reinvests its legacy royalty business into renewable energy development projects and companies. Its portfolio includes Helios Nordic Energy AB, Kustvind AB, Magnora Offshore Wind AS, Magnora Solar PV UK, Hafslund Magnora Sol AS, Magnora South Africa, and AGV. The company is listed on the Oslo Stock Exchange under the ticker MGN.
YTD Price Performance: -17.71%
Technical Sentiment Signal: Hold
Current Market Cap: $132.1M
See more insights into SVMRF stock on TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money