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Norsk Titanium AS Exercises 1.68 Million RSUs Under Incentive Program
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Norsk Titanium AS Exercises 1.68 Million RSUs Under Incentive Program

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Invest with Confidence:

Norsk Titanium AS ( (DE:84F) ) has issued an announcement.

Norsk Titanium AS announced the exercise of 1,682,480 Restricted Share Units (RSUs) under its long-term incentive program. The company will settle 364,319 RSUs with cash for tax purposes, while 1,381,161 RSUs will be converted into new shares, demonstrating a significant step in the company’s equity management and potentially impacting its market positioning.

More about Norsk Titanium AS

Norsk Titanium is a global leader in metal 3D printing, known for its innovative Rapid Plasma Deposition® technology. The company focuses on creating cost-efficient, sustainable metal manufacturing solutions for large markets, including commercial aerospace, defense, and industrial sectors, with a production capacity of 700 metric tons.

YTD Price Performance: -11.36%

Average Trading Volume: 7,010

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €160.7M

For a thorough assessment of 84F stock, go to TipRanks’ Stock Analysis page.

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