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Norwegian Air Shuttle ASA ( (GB:0FGH) ) has shared an update.
Norwegian Air Shuttle ASA has announced the conversion of a significant portion of its perpetual subordinated convertible bonds into new shares, resulting in an increase in share capital. This move reflects the company’s ongoing efforts to strengthen its financial structure and enhance shareholder value, with the remaining bonds set to be repaid by June 2025.
The most recent analyst rating on (GB:0FGH) stock is a Buy with a NOK18.00 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 player in the airline industry, primarily offering low-cost air travel services. The company focuses on providing affordable flights across Europe and other international destinations, positioning itself as a competitive alternative to traditional carriers.
Average Trading Volume: 9,560,289
Current Market Cap: NOK14.73B
See more data about 0FGH stock on TipRanks’ Stock Analysis page.