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Kongsberg Gruppen ASA ( (NSKFF) ) has shared an announcement.
KONGSBERG announced a share buyback program valued at up to NOK 360 million as part of its employee share program. The company has purchased 22,000 shares at an average price of NOK 1,617.49, totaling NOK 35,584,739, which now brings its total ownership to 24,983 shares, representing 0.001% of its share capital. This move is likely aimed at enhancing employee engagement and aligning interests with shareholders.
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 Gruppen (OSE ticker: KOG) is an international, knowledge-based group that delivers high-tech systems and solutions to customers in a wide range of markets such as defense, security, maritime, energy, aerospace, climate mapping, and underwater technology. Kongsberg Gruppen has over 14,600 employees in over 40 countries and had a total turnover of 48.9 billion kroner in 2024.
YTD Price Performance: 27.86%
Average Trading Volume: 369,865
Current Market Cap: NOK286.2B
For an in-depth examination of NSKFF stock, go to TipRanks’ Stock Analysis page.