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Odfjell Expands Employee and Insider Ownership Through Share Purchase Program

Story Highlights
  • Odfjell completed a new ESPP round in Norway, selling treasury A and B shares to employees at adjusted market prices with a two-year lock-in.
  • Key executives increased their Odfjell shareholdings via the plan, while the CTO exited his B shares, modestly reshaping insider ownership.
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Odfjell Expands Employee and Insider Ownership Through Share Purchase Program

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Odfjell SE ( (GB:0J77) ) just unveiled an update.

Odfjell SE has completed the fourth subscription period of its Employee Share Purchasing Program in Norway, allowing staff to buy class A and B shares at volume‑weighted average market prices adjusted for a two‑year lock‑in period. To supply the program, the company sold 10,547 class A and 2,870 class B treasury shares to participating employees, reinforcing its practice of aligning staff incentives with shareholder interests.

Several primary insiders, including CEO Harald Fotland and CFO Terje Iversen, increased their holdings through the plan, underscoring management’s financial commitment to the company’s long‑term performance. Separately, CTO Torger Trige disposed of his remaining class B shares in a market transaction, a move that slightly alters his share mix but does not materially change insider ownership levels overall.

The most recent analyst rating on (GB:0J77) stock is a Hold with a NOK118.00 price target. To see the full list of analyst forecasts on Odfjell SE stock, see the GB:0J77 Stock Forecast page.

More about Odfjell SE

Odfjell Group is a leading global provider of seaborne transportation and storage of chemicals and other specialty bulk liquids, operating a fleet of about 70 ships that trade both globally and regionally. The company also runs four tank terminals at key international shipping hubs, is headquartered in Bergen, Norway, employs around 2,300 staff worldwide, and generated gross revenue of USD 1,115 million in 2025.

YTD Price Performance: 4.04%

Average Trading Volume: 49,140

Current Market Cap: NOK9.72B

For a thorough assessment of 0J77 stock, go to TipRanks’ Stock Analysis page.

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