tiprankstipranks
Trending News
More News >

Norsk Hydro’s Leadership Engages in Share Acquisition Programs

Story Highlights
Norsk Hydro’s Leadership Engages in Share Acquisition Programs

Confident Investing Starts Here:

The latest announcement is out from Norsk Hydro Asa ( (GB:0Q11) ).

Norsk Hydro ASA announced that members of its Executive Leadership Team have received shares through a Long-Term Incentive plan and purchased shares via an employee share purchase program. The LTI program is based on performance metrics such as adjusted RoaCE and Total Shareholder Return, requiring positive adjusted EBIT for eligibility. This initiative reflects Hydro’s commitment to aligning management incentives with shareholder interests and promoting employee ownership, potentially enhancing stakeholder confidence and company performance.

More about Norsk Hydro Asa

Norsk Hydro ASA is a Norwegian company operating in the aluminum industry, providing a range of products and services related to aluminum production and energy. The company focuses on sustainable development and innovation in its operations.

YTD Price Performance: -10.08%

Average Trading Volume: 20,032

Technical Sentiment Signal: Buy

Current Market Cap: NOK105.3B

For a thorough assessment of 0Q11 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report 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