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SalMar ASA Completes Triangular Merger, Expands Share Capital

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SalMar ASA Completes Triangular Merger, Expands Share Capital

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SalMar ASA ( (GB:0FWY) ) has shared an announcement.

SalMar ASA has completed a triangular merger involving Wilsgård AS and SalMar Farming AS, resulting in the issuance of 1,631,943 new ordinary shares to Wilsgård’s eligible shareholders. This merger increases SalMar’s share capital to NOK 33,846,878.75, enhancing its market position and operational capacity.

The most recent analyst rating on (GB:0FWY) stock is a Sell with a NOK430.00 price target. To see the full list of analyst forecasts on SalMar ASA stock, see the GB:0FWY Stock Forecast page.

More about SalMar ASA

SalMar ASA operates in the aquaculture industry, primarily focusing on salmon farming and related activities. The company is known for its sustainable practices and significant market presence in the seafood sector.

YTD Price Performance: -10.50%

Average Trading Volume: 309,566

Current Market Cap: NOK61.42B

For a thorough assessment of 0FWY stock, go to TipRanks’ Stock Analysis page.

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