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TGS ( (GB:0MSJ) ) has shared an announcement.
TGS has awarded restricted shares to its Board of Directors as part of their compensation, following a resolution approved at the company’s Annual General Meeting in late April. The Chair received 4,400 shares while each other director received 2,650 shares, with all shares sourced from the company’s treasury holdings.
After this distribution, TGS now holds 96,759 of its issued shares as treasury shares, and updated director shareholdings are available through the company’s disclosures. The move underscores TGS’s use of equity-based remuneration to align board incentives with shareholder interests and reflect confidence in the company’s long-term performance in the energy data market.
The most recent analyst rating on (GB:0MSJ) stock is a Sell with a NOK60.00 price target. To see the full list of analyst forecasts on TGS stock, see the GB:0MSJ Stock Forecast page.
More about TGS
TGS is a provider of advanced data and intelligence solutions for companies in the energy sector. Leveraging leading-edge technology and an extensive global energy data library, the company offers insights that support decision-making across the energy value chain and assists clients in exploration and production activities worldwide.
Average Trading Volume: 601,577
Current Market Cap: NOK29.45B
For a thorough assessment of 0MSJ stock, go to TipRanks’ Stock Analysis page.