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BW Offshore Completes LTIP Share Option Exercise

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BW Offshore Completes LTIP Share Option Exercise

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BW Offshore ( (GB:0RKH) ) has shared an update.

BW Offshore has completed an exercise window under its Long-Term Incentive Program, resulting in the exercise of 400,852 vested options. These obligations were settled using existing treasury shares, and the shares were sold at NOK 32.73 each. The company now holds 3,740,585 treasury shares. No primary insiders participated in this exercise window, indicating a focus on broader employee engagement rather than insider trading, which could impact market perceptions and stakeholder confidence.

More about BW Offshore

BW Offshore is a company that engineers innovative floating production solutions, primarily through its fleet of Floating Production Storage and Offloading (FPSO) units. The company leverages four decades of offshore operations and project execution to create tailored offshore energy solutions for evolving markets worldwide. It employs around 1,100 people and is publicly listed on the Oslo Stock Exchange.

Average Trading Volume: 88,856

Current Market Cap: NOK5.91B

For a thorough assessment of 0RKH stock, go to TipRanks’ Stock Analysis page.

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