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The latest announcement is out from XXL ASA ( (GB:0R3P) ).
XXL ASA has successfully completed a fully underwritten rights issue, resulting in the issuance of 60,000,000 new shares to increase its share capital. This move is part of their strategy to settle fees with underwriters and bridge loan guarantors, potentially strengthening their financial position and market presence.
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. The company focuses on providing a one-stop-shop experience with the largest stores, best prices, and a wide assortment of branded goods.
YTD Price Performance: 56.09%
Average Trading Volume: 1,638
Technical Sentiment Signal: Buy
Current Market Cap: NOK1.05B
Learn more about 0R3P stock on TipRanks’ Stock Analysis page.
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