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An update from Norwegian Air Shuttle ASA ( (GB:0FGH) ) is now available.
The Norwegian government has successfully sold its 6.26% stake in Norwegian Air Shuttle ASA, amounting to 65,582,436 shares, at NOK 13.60 per share, totaling approximately NOK 892 million. This transaction marks the government’s exit from ownership in the company, with the shares now tradeable on the Oslo Stock Exchange, potentially impacting the company’s shareholder structure and market dynamics.
The most recent analyst rating on (GB:0FGH) stock is a Buy with a NOK14.00 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 low-cost airline services. The company focuses on providing affordable air travel options across various domestic and international routes, positioning itself as a competitive alternative in the European market.
Average Trading Volume: 8,337,296
Current Market Cap: NOK14.92B
For an in-depth examination of 0FGH stock, go to TipRanks’ Stock Analysis page.