tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

SalMar ASA Launches Share Buyback Program to Support Employee Incentives

Story Highlights
SalMar ASA Launches Share Buyback Program to Support Employee Incentives

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

SalMar ASA ( (GB:0FWY) ) has issued an update.

SalMar ASA has announced the initiation of a share buyback program, set to begin on August 21, 2025, and conclude by September 30, 2025. The program aims to repurchase up to 100,000 shares, with a maximum expenditure of NOK 65 million, to support its share-based incentive programs for employees. DNB Carnegie will independently manage the buyback process, ensuring compliance with relevant EU regulations. This move is expected to enhance employee engagement and align with the company’s strategic goals.

The most recent analyst rating on (GB:0FWY) stock is a Hold with a NOK500.00 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 the production and sale of farmed salmon. The company is a significant player in the seafood market, known for its sustainable and innovative farming practices.

Average Trading Volume: 297,845

Current Market Cap: NOK61.82B

Learn more about 0FWY stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1