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Arribatec Group ASA ( (DE:B7Z0) ) has provided an update.
Company One AS, owned by Arribatec’s Chairman of the Board, Håkon Reistad Fure, has acquired 936,177 shares, increasing its ownership to 6.97% of the company’s outstanding shares. This acquisition, along with existing warrants, signifies a strategic consolidation of shares, potentially impacting Arribatec’s market positioning and shareholder dynamics.
More about Arribatec Group ASA
Arribatec is a software and consulting company headquartered in Oslo. It employs over 300 people and serves more than 1700 companies across 25 countries in various industries. The company focuses on building long-term strategic partnerships through a customer-centric engagement model and is listed on the Oslo Stock Exchange under the ticker code ARR.
YTD Price Performance: 40.0%
Average Trading Volume: 10
Technical Sentiment Signal: Strong Buy
Current Market Cap: €14.89M
Learn more about B7Z0 stock on TipRanks’ Stock Analysis page.