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Norwegian Air Shuttle ASA Launches Share Buy-Back Program

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Norwegian Air Shuttle ASA Launches Share Buy-Back Program

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An update from Norwegian Air Shuttle ASA ( (GB:0FGH) ) is now available.

Norwegian Air Shuttle ASA has initiated a share buy-back program, engaging DNB Carnegie to repurchase up to 3,000,000 shares valued at NOK 50 million. This move is part of their employee share savings plan and long-term incentive program, reflecting a strategic effort to manage share capital and incentivize management, potentially impacting shareholder value and market perception.

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 player in the aviation industry, primarily offering air travel services. The company focuses on providing affordable flights across various destinations, catering to both leisure and business travelers.

YTD Price Performance: 48.22%

Average Trading Volume: 4,756,918

Current Market Cap: NOK16.28B

See more insights into 0FGH stock on TipRanks’ Stock Analysis page.

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