tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Mitsui’s Stake in Hexagon Composites Falls Below 15%

Story Highlights
Mitsui’s Stake in Hexagon Composites Falls Below 15%

Claim 70% Off TipRanks This Holiday Season

An announcement from Hexagon Composites ( (HXGCF) ) is now available.

Hexagon Composites ASA has announced the completion of a private placement of new shares, resulting in Mitsui & Co., Ltd owning 13.18% of the company’s voting rights and shares. This development indicates that Mitsui has fallen below the 15% reportable threshold, which may have implications for both companies’ strategic positioning and shareholder dynamics.

More about Hexagon Composites

Average Trading Volume: 2,614,078

Current Market Cap: NOK2.7B

For an in-depth examination of HXGCF stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1