Ormat Techno ( (ORA) ) just unveiled an update.
On March 11, 2025, Mike Nikkel, a board member of Ormat Technologies, Inc., announced he would not seek reelection at the 2025 annual stockholders’ meeting. This decision follows the termination of a governance agreement with ORIX Corporation, which previously had the right to nominate a director. Nikkel’s departure is not due to any disputes with the company, and he will step down in accordance with ORIX guidelines.
More about Ormat Techno
Ormat Technologies, Inc. operates in the renewable energy industry, focusing on the development and operation of geothermal and recovered energy-based power plants.
YTD Price Performance: 5.18%
Average Trading Volume: 624,800
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $4.3B
For an in-depth examination of ORA stock, go to TipRanks’ Stock Analysis page.