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Multiconsult ASA Initiates Strategic Share Buyback Program

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Multiconsult ASA Initiates Strategic Share Buyback Program

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The latest announcement is out from Multiconsult ASA ( (DE:3MC) ).

Multiconsult ASA has entered into an agreement with DNB Markets to repurchase up to 500,000 of its ordinary shares. This move aims to fulfill obligations related to its employee share saving program and executive management bonus schemes. The company has already purchased 36,651 shares at an average price of NOK 181.0345 per share, contributing to its overall buyback program. This strategic buyback is expected to strengthen Multiconsult’s financial position and enhance shareholder value.

More about Multiconsult ASA

Multiconsult ASA operates in the engineering and consulting industry, providing design, architecture, and advisory services. The company focuses on delivering innovative solutions across various sectors, including construction, energy, and environmental projects.

Average Trading Volume: 20,986

Current Market Cap: NOK4.94B

See more data about 3MC stock on TipRanks’ Stock Analysis page.

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