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Magnora ASA Grants Share Options to Employees

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Magnora ASA Grants Share Options to Employees

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Magnora ASA ( (SVMRF) ) just unveiled an update.

Magnora ASA has granted a total of 84,071 share options to its employees, following the approval of a share options program at the Annual General Meeting. This initiative is part of the company’s strategy to incentivize its workforce, potentially impacting employee engagement and retention positively. The share options have a strike price of NOK 21.89, a vesting period of three years, and expire five years from the vesting date, aligning with the company’s long-term growth objectives.

The most recent analyst rating on (SVMRF) stock is a Buy with a NOK32.00 price target. To see the full list of analyst forecasts on Magnora ASA stock, see the SVMRF Stock Forecast page.

More about Magnora ASA

Magnora ASA is a developer and operator of data center, wind, solar, and battery projects, with operations in Europe and Africa. The company is listed on the Oslo Stock Exchange under the ticker MGN and has a diverse portfolio that includes Magnora Data Center AB, Storespeed AS, and several other entities across different regions.

Average Trading Volume: 98,995

Current Market Cap: NOK1.31B

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

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