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Magnora ASA Increases Share Buybacks Amidst Renewable Focus

Magnora ASA Increases Share Buybacks Amidst Renewable Focus

Magnora ASA (SVMRF) has released an update.

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Magnora ASA has repurchased 43,550 of its own shares at an average price of NOK 25.0291 per share, bringing its total holdings to 2.7% of the company’s outstanding shares. This move is part of an ongoing share buyback program that aims to consolidate the company’s ownership. As a player in the renewable energy sector, Magnora’s activities continue to draw interest in the financial markets.

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

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