Norwegian State Considers Block Sale of Shares in Norwegian Air Shuttle ASA

The latest announcement is out from Norwegian Air Shuttle ASA ( (GB:0FGH) ).

The Norwegian state, through the Ministry of Trade, Industry, and Fisheries, is considering a block sale of its shares in Norwegian Air Shuttle ASA, amounting to approximately 6.26% of the company’s outstanding shares. This potential sale, facilitated by Nordea Bank and Pareto Securities, follows a recent buy-back and conversion of bonds into shares, reflecting strategic financial maneuvers that could impact the company’s market dynamics and shareholder structure.

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 airline company based in Norway, primarily operating in the aviation industry. The company is known for providing low-cost air travel services across Europe and other international destinations, focusing on affordable and efficient air transportation.

Average Trading Volume: 8,381,022

Current Market Cap: NOK14.92B

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