XXL ASA ( (GB:0R3P) ) has provided an announcement.
XXL ASA announced the allocation of subscription rights to primary insiders and their close associates as part of a rights issue. This move indicates the company’s strategic efforts to strengthen its financial position by involving key stakeholders in the subscription process, potentially impacting its market positioning and stakeholder relations.
More about XXL ASA
XXL ASA is a leading sports retailer operating in Norway, Sweden, and Finland. It is the largest among major sports retailers in the Nordics, offering a wide range of products for sports, hunting, skiing, biking, and other outdoor activities. XXL focuses on providing a one-stop-shop experience with the largest stores, best prices, and a wide assortment of branded goods.
YTD Price Performance: 25.79%
Average Trading Volume: 3,059
Technical Sentiment Consensus Rating: Buy
Current Market Cap: NOK869M
Learn more about 0R3P stock on TipRanks’ Stock Analysis page.