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An update from REC Silicon ASA ( (RNWEF) ) is now available.
REC Silicon ASA has received a letter from its largest shareholder, Hanwha, expressing a strong belief in the necessity of board continuity and stability during a critical period. Hanwha suggests that the best path forward for REC Silicon is transitioning to private ownership and warns that failure to complete a voluntary offer could result in the withdrawal of financial support, impacting the company’s operations and financial stability.
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 is a prominent producer of advanced silicon materials, specializing in high-purity silicon gases for the solar and electronics industries globally. With over 40 years of experience, the company leverages proprietary technology to meet customer needs and is listed on the Oslo Stock Exchange.
Average Trading Volume: 1,620,547
Current Market Cap: NOK904.3M
Learn more about RNWEF stock on TipRanks’ Stock Analysis page.