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Kitron ASA Announces New Long-Term Incentive Program

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Kitron ASA Announces New Long-Term Incentive Program

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Kitron ASA ( (GB:0F0J) ) has provided an announcement.

Kitron ASA’s board has approved the issuance of 1,600,000 options as part of its long-term incentive program for 2024-2030, divided into two subprograms. This move is in line with Kitron’s ongoing strategy to incentivize senior executives, potentially impacting the company’s operational dynamics and stakeholder interests.

More about Kitron ASA

Kitron is a leading Scandinavian company specializing in the production of electronics and related services across various sectors, including Connectivity, Electrification, Industry, Medical equipment, and Defense/Aerospace. The company operates in multiple countries, including Norway, Sweden, Denmark, and the USA, and employs around 2,400 people with operating revenues of 647 million euros in 2024.

Average Trading Volume: 347,566

Current Market Cap: NOK12.02B

Learn more about 0F0J stock on TipRanks’ Stock Analysis page.

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