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Magnora ASA Announces Lucrative Shareholder Return

Magnora ASA Announces Lucrative Shareholder Return

Magnora ASA (SVMRF) has released an update.

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Magnora ASA has announced the sale of Helios Nordic Energy to Vinci, with a complete upfront payment of EUR 73 million soon to be distributed among the sellers. Following the sale, Magnora’s board of directors plans to return NOK 4 per share to its shareholders, with further details pending receipt of the payment.

For further insights into SVMRF stock, check out TipRanks’ Stock Analysis page.

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