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Magnora ASA ( (SVMRF) ) has provided an announcement.
Magnora ASA has acquired 30,000 of its own shares at an average price of NOK 22.2402, bringing its total holdings to 1,915,030 shares, which represents 2.9% of the total shares outstanding. This strategic move may strengthen Magnora’s market position and provide potential benefits to its stakeholders by consolidating ownership.
More about Magnora ASA
Magnora ASA is a renewable-energy group focused 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: -8.77%
Technical Sentiment Signal: Strong Sell
Current Market Cap: $142M
See more insights into SVMRF stock on TipRanks’ Stock Analysis page.