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Hexagon Composites Initiates Share Buyback Program

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Hexagon Composites ( (HXGCF) ) has provided an announcement.

Hexagon Composites ASA has announced a share buyback program, aiming to repurchase up to 4 million shares worth NOK 75 million by 31 May 2025. This initiative is intended to meet the company’s obligations under its incentive programs and for general corporate purposes, potentially strengthening its market position and enhancing shareholder value.

More about Hexagon Composites

Hexagon Composites ASA delivers safe and innovative solutions for a cleaner energy future, focusing on enabling storage, transportation, and conversion to clean energy across various mobility, industrial, and consumer applications.

YTD Price Performance: -64.56%

Average Trading Volume: 4,721

Technical Sentiment Signal: Strong Buy

Current Market Cap: $358.1M

See more insights into HXGCF stock on TipRanks’ Stock Analysis page.

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