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REC Silicon ASA ( (RNWEF) ) has provided an announcement.
REC Silicon ASA has announced a board-recommended voluntary all-cash offer by Anchor AS to acquire all outstanding shares at NOK 2.20 per share. The acceptance period for this offer has been extended until July 8, 2025, with no further extensions or price increases planned. A new board has been elected to assess the offer, with the previous board’s recommendation no longer binding. This development could significantly impact REC Silicon’s strategic direction and shareholder value.
The most recent analyst rating on (RNWEF) stock is a Hold with a NOK8.00 price target. To see the full list of analyst forecasts on REC Silicon ASA stock, see the RNWEF Stock Forecast page.
More about REC Silicon ASA
REC Silicon ASA operates in the renewable energy industry, focusing on the production of silicon materials primarily used in solar panels and electronics. The company is known for its advanced technology in producing high-quality silicon products, which are essential for the growing solar energy market.
Average Trading Volume: 1,929,563
Current Market Cap: NOK1.05B
For detailed information about RNWEF stock, go to TipRanks’ Stock Analysis page.