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The latest update is out from REC Silicon ASA ( (RNWEF) ).
REC Silicon ASA, a Norwegian producer of high-purity silicon gases for the solar and electronics sectors, operates globally from its headquarters in Lysaker and is listed on the Oslo Stock Exchange. The company leverages decades of technological expertise to supply advanced silicon materials to industrial customers worldwide.
The company’s extraordinary general meeting has approved a fully underwritten rights issue of 4,078,000,000 new shares at NOK 0.2385 per share, raising gross proceeds of NOK 972.6 million and a reduction in the nominal share value. Shareholders registered on 16 March 2026 who meet jurisdictional conditions will be eligible to participate, while the meeting also confirmed the new three-member board chaired by Jong Wook Park.
More about REC Silicon ASA
REC Silicon ASA is a Norway-based producer of advanced silicon materials, supplying high-purity silicon gases to the global solar and electronics industries. Leveraging more than 40 years of experience and proprietary technology, the company serves a worldwide customer base and is listed on the Oslo Stock Exchange under the ticker RECSI.
Average Trading Volume: 847,217
Current Market Cap: NOK151.8M
For detailed information about RNWEF stock, go to TipRanks’ Stock Analysis page.