REC Silicon Completes Major Share Capital Restructuring and Rights Issue

An announcement from REC Silicon ASA ( (RNWEF) ) is now available.

REC Silicon ASA has completed a restructuring of its share capital following approval at an extraordinary general meeting on 12 March 2026. The company reduced the par value of its shares from NOK 1 to NOK 0.10, cutting share capital by NOK 378.6 million, and then executed a fully underwritten rights issue to raise NOK 407.8 million through the issuance of 4,078,000,000 new shares.

Following the capital reduction and rights issue, REC Silicon’s new registered share capital stands at NOK 449.9 million, divided into 4,498,625,659 shares with a nominal value of NOK 0.10 each. The completed transaction strengthens the company’s equity base and may enhance its financial flexibility, while also significantly increasing the number of shares outstanding, with implications for existing shareholders’ ownership stakes and trading liquidity.

More about REC Silicon ASA

REC Silicon ASA is a Norway-based producer of advanced silicon materials, supplying high-purity silicon gases to solar and electronics manufacturers worldwide. The company leverages more than four decades of experience and proprietary technology, and its shares are listed on the Oslo Stock Exchange under the ticker RECSI.

Average Trading Volume: 1,561,510

Current Market Cap: NOK1.21B

For detailed information about RNWEF stock, go to TipRanks’ Stock Analysis page.