TGS Distributes Restricted Shares to Directors

TGS Nopec Geophysical Company ASA ( (GB:0MSJ) ) has provided an announcement.

TGS Nopec Geophysical Company ASA announced the distribution of restricted shares to its Directors as part of their compensation, following a resolution from the Annual General Meeting. This move involves transferring shares from the company’s treasury, impacting the number of treasury shares held by TGS. The issuance of these shares is part of TGS’s strategy to align the interests of its Directors with those of the company, potentially influencing its governance and stakeholder relations.

The most recent analyst rating on (GB:0MSJ) stock is a Buy with a NOK245.00 price target. To see the full list of analyst forecasts on TGS Nopec Geophysical Company ASA stock, see the GB:0MSJ Stock Forecast page.

More about TGS Nopec Geophysical Company ASA

TGS provides advanced data and intelligence to companies in the energy sector, offering solutions across the entire energy value chain. With a comprehensive range of products and a global energy data library, TGS supports the exploration and production of energy resources worldwide.

Average Trading Volume: 499,020

Current Market Cap: NOK16.14B

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