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Company One AS Increases Stake in Arribatec Group ASA

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Company One AS Increases Stake in Arribatec Group ASA

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Arribatec Group ASA ( (DE:B7Z0) ) has issued an announcement.

Company One AS, owned by Arribatec’s Chairman of the Board, Håkon Reistad Fure, has acquired 907,822 shares, increasing its stake to 6.55% of the company’s outstanding shares. This acquisition, along with existing warrants, positions Company One AS as a significant stakeholder, potentially influencing Arribatec’s strategic decisions and market positioning.

More about Arribatec Group ASA

Arribatec is a software and consulting company headquartered in Oslo. It focuses on building long-term strategic partnerships with a broad customer base, serving over 1700 companies across 25 countries in both private and public sectors. The company employs over 320 people and is listed on the Oslo Stock Exchange under the ticker code ARR.

YTD Price Performance: 10.0%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €12.53M

For a thorough assessment of B7Z0 stock, go to TipRanks’ Stock Analysis page.

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