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KONGSBERG Announces Share Buyback for Employee Program

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Confident Investing Starts Here:

Kongsberg Gruppen ASA ( (NSKFF) ) has shared an update.

KONGSBERG has announced the purchase of up to MNOK 360 of its own shares as part of an employee share program. Following recent transactions, the company now holds 80,983 of its own shares, representing 0.05% of its share capital. This move could potentially strengthen employee engagement and align interests with shareholders, impacting the company’s market position positively.

The most recent analyst rating on (NSKFF) stock is a Hold with a NOK850.00 price target. To see the full list of analyst forecasts on Kongsberg Gruppen ASA stock, see the NSKFF Stock Forecast page.

More about Kongsberg Gruppen ASA

KONGSBERG is an international knowledge-based group that provides high-technology systems and solutions across various markets including defense, security, maritime, energy, aerospace, climate mapping, and subsea technology. With over 14,600 employees in more than 40 countries, the company reported a total revenue of NOK 48.9 billion in 2024.

YTD Price Performance: 32.61%

Average Trading Volume: 352,874

Current Market Cap: NOK296.8B

Learn more about NSKFF stock on TipRanks’ Stock Analysis page.

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