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Otovo AS Class A ( (DE:89K) ) just unveiled an announcement.
Otovo ASA has registered a minor share capital increase with the Norwegian Register of Business Enterprises, issuing four new shares with a nominal value of NOK 0.01 each as part of preparations for a previously announced reverse share split. Following this technical adjustment, the company’s total share capital stands at NOK 5,313,908.10, divided into 531,390,810 shares, streamlining its share structure in line with regulatory requirements under the Norwegian Securities Trading Act and signaling continued efforts to manage its capital base and stock market profile.
More about Otovo AS Class A
Otovo ASA is a Norwegian company listed on the Oslo Stock Exchange, operating in the solar energy and related technology sector. The company focuses on residential and small-scale solar installations, leveraging digital platforms to facilitate the sale, financing, and management of rooftop solar systems across its core European markets.
Average Trading Volume: 890,756
Current Market Cap: NOK917.2M
See more insights into 89K stock on TipRanks’ Stock Analysis page.