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Kitron ASA Completes Share Buyback for Board Remuneration

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Kitron ASA Completes Share Buyback for Board Remuneration

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Kitron ASA ( (GB:0F0J) ) has shared an update.

Kitron ASA has completed a share buyback program to remunerate its board members, acquiring a total of 14,017 shares at an average price of NOK 58.96. This move, executed by Norne Securities AS, aligns with the company’s strategic financial management and regulatory compliance, potentially impacting its market positioning and stakeholder relations.

More about Kitron ASA

Kitron is a leading Scandinavian electronics manufacturing services company, serving sectors such as Connectivity, Electrification, Industry, Medical devices, and Defence/Aerospace. The company operates in multiple countries including Norway, Sweden, Denmark, and the United States, employing around 2,400 people with revenues reaching EUR 647 million in 2024.

YTD Price Performance: 72.25%

Average Trading Volume: 548,773

Current Market Cap: NOK11.58B

See more insights into 0F0J stock on TipRanks’ Stock Analysis page.

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