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Norwegian Air Shuttle ASA Announces Share Buy-Back Program

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Norwegian Air Shuttle ASA Announces Share Buy-Back Program

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Norwegian Air Shuttle ASA ( (GB:0FGH) ) just unveiled an update.

Norwegian Air Shuttle ASA has initiated a buy-back program for up to 3,000,000 of its own shares, as part of its share savings plan and long-term incentive program for executive management. This move, facilitated by DNB Carnegie, is aimed at strengthening the company’s financial strategies and aligning management interests with shareholder value, potentially impacting its market positioning and stakeholder confidence.

The most recent analyst rating on (GB:0FGH) stock is a Buy with a NOK19.00 price target. To see the full list of analyst forecasts on Norwegian Air Shuttle ASA stock, see the GB:0FGH Stock Forecast page.

More about Norwegian Air Shuttle ASA

Norwegian Air Shuttle ASA is a prominent airline company operating in the aviation industry, primarily offering low-cost air travel services. The company focuses on providing affordable flights to various destinations, enhancing its market presence in the competitive airline sector.

Average Trading Volume: 4,654,247

Current Market Cap: NOK16.32B

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

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