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Multiconsult ASA Initiates Strategic Share Buyback Program

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Multiconsult ASA Initiates Strategic Share Buyback Program

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Multiconsult ASA ( (DE:3MC) ) has shared an update.

Multiconsult ASA announced a share buyback program in collaboration with DNB Markets to repurchase up to 1,000,000 shares, valued at NOK 230 million, to support its employee share saving program and executive management bonus schemes. This strategic move is expected to strengthen Multiconsult’s market position and demonstrate its commitment to enhancing shareholder value.

More about Multiconsult ASA

Multiconsult ASA operates in the engineering and consulting industry, providing services that include architecture, engineering, and project management. The company focuses on delivering sustainable solutions across various sectors, including construction, energy, and environment.

Average Trading Volume: 32,842

Current Market Cap: NOK4.94B

For a thorough assessment of 3MC stock, go to TipRanks’ Stock Analysis page.

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