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Nordic Semiconductor Announces Grant of RSUs and Performance Shares

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Nordic Semiconductor ASA ( (GB:0FF9) ) has provided an update.

Nordic Semiconductor ASA has announced the grant of Restricted Stock Units (RSUs) and Performance Shares, representing 0.58% of its outstanding share capital, as approved by its Annual General Meeting. The initiative includes an all-employee program and an executive management plan, aimed at incentivizing employees and executives through stock-based compensation, which could impact employee retention and align management interests with shareholder value.

The most recent analyst rating on (GB:0FF9) stock is a Buy with a NOK145.00 price target. To see the full list of analyst forecasts on Nordic Semiconductor ASA stock, see the GB:0FF9 Stock Forecast page.

More about Nordic Semiconductor ASA

Nordic Semiconductor ASA operates in the semiconductor industry, specializing in the development and production of wireless communication solutions. The company focuses on providing low-power wireless technology and is known for its Bluetooth Low Energy (BLE) solutions, catering to a global market.

Average Trading Volume: 704,263

Current Market Cap: NOK23.4B

Learn more about 0FF9 stock on TipRanks’ Stock Analysis page.

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