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Hexagon Composites ( (HXGCF) ) just unveiled an announcement.
Hexagon Composites ASA has executed a share buyback program, purchasing 860,861 of its own shares at an average price of NOK 20.1614 per share. This move is part of a larger buyback initiative announced on 14 April 2025, with a total size of up to NOK 75 million, set to run until 31 May 2025. Following these transactions, Hexagon now owns 4,139,203 of its own shares, representing 1.97% of the total shares outstanding. This strategic move may impact the company’s market positioning and shareholder value.
More about Hexagon Composites
Hexagon Composites ASA is a company focused on delivering safe and innovative solutions for a cleaner energy future. Their offerings facilitate the storage, transportation, and conversion to clean energy across various mobility, industrial, and consumer applications.
YTD Price Performance: -51.39%
Average Trading Volume: 6,091
Technical Sentiment Signal: Buy
Current Market Cap: $404.5M
See more data about HXGCF stock on TipRanks’ Stock Analysis page.