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Salmon Evolution Registers Expanded Share Capital After Equity Offering

Story Highlights
  • Salmon Evolution has finalized and registered new shares from its private and retail equity offerings.
  • The company’s share capital now totals NOK 27.7 million across 554 million ordinary shares, bolstering growth plans.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Salmon Evolution Registers Expanded Share Capital After Equity Offering

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Salmon Evolution ASA ( (DE:60E) ) has provided an announcement.

Salmon Evolution ASA has completed and registered share capital increases tied to its recently executed private placement and retail offering, issuing a total of 91.4 million new shares at NOK 4.50 each. Following registration with the Norwegian Register of Business Enterprises and Euronext Securities Oslo, the company’s share capital now stands at NOK 27.7 million, divided into 554,003,306 ordinary shares, reinforcing its capital base for continued growth ambitions in land-based salmon farming.

The most recent analyst rating on (DE:60E) stock is a Buy with a NOK6.70 price target. To see the full list of analyst forecasts on Salmon Evolution ASA stock, see the DE:60E Stock Forecast page.

More about Salmon Evolution ASA

Salmon Evolution ASA is a global leader in land-based salmon farming, specialising in its proprietary hybrid flow-through system that combines advantages of sea-based and land-based production. The company operates an industrial-scale facility and global centre of excellence at Indre Harøy on Norway’s west coast and is listed on the Oslo Børs under the ticker SALME.

Average Trading Volume: 851,072

Current Market Cap: NOK2.13B

See more data about 60E stock on TipRanks’ Stock Analysis page.

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