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Magnora ASA VP Acquires Shares, Signaling Confidence in Renewable Energy Growth

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Magnora ASA VP Acquires Shares, Signaling Confidence in Renewable Energy Growth

Confident Investing Starts Here:

An announcement from Magnora ASA ( (SVMRF) ) is now available.

Erling Magnus Solheim, Vice President of Business Development at Magnora ASA, has acquired 1,075 shares in the company, representing a minor stake of 0.002% of the total issued shares. This transaction is part of the mandatory disclosure requirements under Norwegian securities law, reflecting internal confidence in the company’s strategic direction and potential growth in the renewable energy sector.

More about Magnora ASA

Magnora ASA is a renewable-energy group focused on developing wind, solar, and battery storage projects. It operates in Europe and Africa through various portfolio companies, including Hafslund Magnora Sol AS and Magnora Offshore Wind AS. The company is listed on the Oslo Stock Exchange under the ticker MGN.

YTD Price Performance: -21.88%

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $139.3M

See more data about SVMRF stock on TipRanks’ Stock Analysis page.

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