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Arribatec Group ASA Updates Share Capital Following Warrant Exercise

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Arribatec Group ASA Updates Share Capital Following Warrant Exercise

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The latest update is out from Arribatec Group ASA ( (DE:B7Z0) ).

Arribatec Group ASA has announced an update to its share capital following the exercise of 2,316,429 warrants. This adjustment results in a new share capital of NOK 48,188,863.50, divided into 481,888,635 shares, each with a nominal value of NOK 0.10. This development reflects the company’s ongoing financial activities and could have implications for its market positioning and stakeholder interests.

More about Arribatec Group ASA

Arribatec is a software and consulting company headquartered in Oslo, specializing in building long-term strategic partnerships with a diverse customer base across more than 25 countries. The company serves over 1700 companies in various industries within both private and public sectors, employing over 320 people with offices in 11 countries. Arribatec is listed on the Oslo Stock Exchange under the ticker code ARR.

YTD Price Performance: 30.0%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €12.71M

Find detailed analytics on B7Z0 stock on TipRanks’ Stock Analysis page.

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