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Telenor ( (GB:0G8C) ) has shared an announcement.
Telenor ASA has engaged DNB Markets to conduct a buyback of up to 800,000 shares, valued at NOK 40,000,000, to fulfill obligations for its employee share programs in 2025. This strategic move, authorized at the company’s 2024 Annual General Meeting, aims to strengthen employee engagement and align interests, potentially enhancing Telenor’s market position and stakeholder value.
More about Telenor
Telenor ASA is a major telecommunications company that provides a wide range of services, including mobile and fixed-line communications, data, and media services. It operates primarily in the Nordic region and Asia, focusing on delivering innovative digital solutions to its customers.
YTD Price Performance: 14.21%
Average Trading Volume: 236,598
Technical Sentiment Consensus Rating: Sell
Current Market Cap: NOK197.9B
Learn more about 0G8C stock on TipRanks’ Stock Analysis page.