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TGS Issues New Shares Following Vesting of Stock Units

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TGS Issues New Shares Following Vesting of Stock Units

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An update from TGS ( (GB:0MSJ) ) is now available.

TGS announced the vesting of Performance Stock Units (PSUs) and Restricted Stock Units (RSUs) granted in 2022 under their Long Term Incentive Plan, resulting in 198,926 new shares of common stock being issued to 83 employees. This move reflects TGS’s commitment to rewarding its employees and aligning their interests with the company’s performance, potentially strengthening its position in the energy sector.

The most recent analyst rating on (GB:0MSJ) stock is a Sell with a NOK55.00 price target. To see the full list of analyst forecasts on TGS stock, see the GB:0MSJ Stock Forecast page.

More about TGS

TGS provides advanced data and intelligence to companies active in the energy sector. With leading-edge technology and solutions spanning the entire energy value chain, TGS offers a comprehensive range of insights to help clients make better decisions. Their extensive energy data library and advanced data technologies make TGS a trusted partner in supporting the exploration and production of energy resources worldwide.

YTD Price Performance: -28.40%

Average Trading Volume: 369,668

Current Market Cap: NOK15.05B

Find detailed analytics on 0MSJ stock on TipRanks’ Stock Analysis page.

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