XXL ASA ( (GB:0R3P) ) has shared an update.
XXL ASA announced the termination of its new long-term management investment program due to disagreements among valuation experts during the implementation phase. As a result, the associated management investment company, XMI II, will be liquidated, and the funds will be returned to the participants. This decision may impact the company’s strategic financial planning and stakeholder relations.
More about XXL ASA
XXL ASA is a leading sports retailer operating in Norway, Sweden, and Finland. It is recognized as the largest sports retailer in the Nordics, offering a comprehensive range of products for sports, hunting, skiing, biking, and other outdoor activities. The company is known for its large stores, competitive pricing, and wide assortment of branded goods.
YTD Price Performance: 39.65%
Average Trading Volume: 3,175
Technical Sentiment Consensus Rating: Buy
Current Market Cap: NOK937.8M
Find detailed analytics on 0R3P stock on TipRanks’ Stock Analysis page.