An update from Odfjell SE ( (GB:0J77) ) is now available.
Odfjell SE’s board has approved a long-term incentive program for its corporate management, involving the purchase of 38,875 A-shares using a cash bonus. The shares were bought at NOK 97.92 each, reflecting the average share price on the Oslo Stock Exchange, and come with a three-year lock-up period. This move aligns management’s interests with shareholders and could enhance stakeholder confidence.
More about Odfjell SE
Odfjell Group is a leading provider of sea transport and storage of chemicals and other liquid specialty cargo. The company operates a fleet of approximately 70 ships globally and regionally. Its tank terminal division includes four tank terminals and is linked to a network of ten additional terminals, partly owned by affiliates. Headquartered in Bergen, Norway, Odfjell has 12 international offices and employs around 2,300 people.
YTD Price Performance: -13.60%
Average Trading Volume: 5,220
Technical Sentiment Signal: Hold
Current Market Cap: NOK6.68B
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