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Norske Skog Insider Acquires 25,000 Shares Signaling Confidence

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Norske Skog Insider Acquires 25,000 Shares Signaling Confidence

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Norske Skog ASA ( (DE:0BQ) ) has shared an update.

Norske Skog ASA announced that Even Lund, Senior Vice President Corporate Finance and a primary insider, has acquired 25,000 shares of the company through Rugde AS at an average price of NOK 19.6121 per share. This transaction underscores the confidence of senior management in the company’s prospects and is subject to EU and Norwegian regulatory disclosure requirements.

More about Norske Skog ASA

Norske Skog ASA is a leading company in the paper industry, primarily focused on the production of newsprint and magazine paper. The company is listed on the Oslo Stock Exchange and operates globally, serving a diverse market with its wide range of paper products.

YTD Price Performance: -5.54%

Average Trading Volume: 533

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €170.4M

Learn more about 0BQ stock on TipRanks’ Stock Analysis page.

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