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OKEA Board Deputy Sells Entire Shareholding

Story Highlights
  • OKEA insider Eivind Sæterdal Bøyum sold 6,381 shares at NOK 39.80 and now holds none.
  • The fully disclosed insider sale may influence investor focus on governance and trading transparency at OKEA.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
OKEA Board Deputy Sells Entire Shareholding

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An announcement from OKEA ASA ( (DE:3SX) ) is now available.

OKEA ASA reported that deputy board member and primary insider Eivind Sæterdal Bøyum has sold 6,381 OKEA shares at NOK 39.80 each, leaving him with no remaining shareholding in the company. The disposal, disclosed under European market abuse regulations and Norwegian securities law, may draw investor attention to insider trading activity and governance transparency at the mid- and late-life field operator.

More about OKEA ASA

OKEA ASA is a listed Norwegian oil and gas company focused on operating mid- and late-life fields on the Norwegian continental shelf. The group’s strategy is to extract value from assets that other operators divest, pursuing growth and value creation with a disciplined approach to capital deployment.

Average Trading Volume: 636,814

Current Market Cap: NOK4.06B

For a thorough assessment of 3SX stock, go to TipRanks’ Stock Analysis page.

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