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NEL ASA ( (NLLSF) ) has provided an announcement.
Nel ASA has announced an Extraordinary General Meeting to be held digitally on May 26, 2025, following the news that SAMSUNG E&A will become its largest shareholder. The meeting will consider the proposal for Gyuyeon Kang, Executive Vice President of SAMSUNG E&A, to join Nel’s Board of Directors. This move is expected to strengthen Nel’s strategic direction and industry positioning, potentially impacting stakeholders by aligning with a major shareholder’s interests.
More about NEL ASA
Nel ASA is a leading hydrogen electrolyser technology company with a global presence, specializing in Alkaline and PEM technology for the production of renewable hydrogen. Their products are key enablers for a green hydrogen economy, facilitating the decarbonization of industries such as transportation, refining, steel, and ammonia.
YTD Price Performance: -9.20%
Average Trading Volume: 33,638
Technical Sentiment Signal: Buy
Current Market Cap: $432.2M
Find detailed analytics on NLLSF stock on TipRanks’ Stock Analysis page.