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Cyviz Issues New Shares Following Insider Option Exercise

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Cyviz Issues New Shares Following Insider Option Exercise

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Cyviz AS ( (DE:8P9) ) has issued an update.

Cyviz has announced the issuance of 49,500 new shares following the exercise of share options by primary insiders, resulting in an increase in the company’s share capital by NOK 54,450. This move, approved by the board of directors, aligns with the authorization granted during the company’s annual general meeting in 2024, and will be registered with the Norwegian Register of Business Enterprises once the share contributions are fully paid. This development reflects Cyviz’s ongoing efforts to manage its capital structure effectively, potentially impacting its market positioning and stakeholder interests.

More about Cyviz AS

Cyviz is a global technology provider specializing in comprehensive conference and control rooms, as well as command and experience centers. Established in 1998, the company focuses on creating advanced collaboration spaces that ensure inclusive meeting experiences for both in-person and remote participants. Cyviz caters to global enterprises and governments with high standards for usability, security, decision-making, and quality, offering a cross-platform experience that manages and controls systems and resources across enterprises.

YTD Price Performance: -6.13%

Average Trading Volume: 8,321

Current Market Cap: NOK377.2M

See more data about 8P9 stock on TipRanks’ Stock Analysis page.

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