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Bouvet ASA ( (DE:BV4) ) has issued an update.
Bouvet ASA has initiated a share repurchase program, buying back up to 1,000,000 of its own shares to support its employee share program. As of April 11, the company has repurchased 768,000 shares at an average price of NOK 72.7663, increasing its treasury shares to 1,086,632, reflecting a strategic move to enhance employee engagement and potentially improve shareholder value.
More about Bouvet ASA
YTD Price Performance: -6.06%
Average Trading Volume: 204
Technical Sentiment Signal: Sell
Current Market Cap: €613.8M
For an in-depth examination of BV4 stock, go to TipRanks’ Stock Analysis page.