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Kitron ASA ( (GB:0F0J) ) has shared an announcement.
Kitron ASA has announced a share buyback program to acquire up to 16,000 shares, valued at a maximum of NOK 900,000, to be used as remuneration for board members. The buyback, managed by Norne Securities AS, will be conducted on Euronext Oslo Børs and is part of an authorization granted by the annual general meeting, with the program potentially impacting the company’s market operations and shareholder value.
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, Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China, and the United States, employing around 2,400 people with revenues of EUR 647 million in 2024.
YTD Price Performance: 72.25%
Average Trading Volume: 548,773
Current Market Cap: NOK11.58B
Learn more about 0F0J stock on TipRanks’ Stock Analysis page.