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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.