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Fjord Defence Group ASA Completes Reverse Share Split and Share Capital Increase

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Fjord Defence Group ASA Completes Reverse Share Split and Share Capital Increase

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The latest update is out from Carbon Transition ASA ( (DE:S5B) ).

Fjord Defence Group ASA has completed a reverse share split in a 12:1 ratio and increased its share capital by NOK 9.10, now registered with the Norwegian Register of Business Enterprises. This move aims to streamline its share structure, potentially enhancing its market positioning and attractiveness to investors.

More about Carbon Transition ASA

Fjord Defence Group ASA, listed on Euronext Expand, is a Norwegian company focused on acquiring and developing fast-growing, profitable companies in the defence industry. It employs a buy & build strategy, targeting established businesses within the defence, security, and related segments.

Average Trading Volume: 1,130,794

Current Market Cap: NOK590M

For a thorough assessment of S5B stock, go to TipRanks’ Stock Analysis page.

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