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Odfjell SE Completes Third Subscription Period of Employee Share Purchasing Program

Story Highlights
  • Odfjell SE completed the third subscription period of its Employee Share Purchasing Program.
  • The program allows employees to buy shares, enhancing alignment with company goals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Odfjell SE Completes Third Subscription Period of Employee Share Purchasing Program

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Odfjell SE ( (GB:0J77) ) has shared an update.

Odfjell SE has completed the third subscription period of its Employee Share Purchasing Program (ESPP), allowing employees in Norway to buy shares at a price adjusted for a two-year lock-in period. As part of this program, Odfjell sold treasury shares to eligible participants, including several primary insiders, reflecting the company’s commitment to employee investment and engagement. This initiative is expected to strengthen employee alignment with company goals and enhance stakeholder confidence.

The most recent analyst rating on (GB:0J77) stock is a Hold with a NOK120.00 price target. To see the full list of analyst forecasts on Odfjell SE stock, see the GB:0J77 Stock Forecast page.

More about Odfjell SE

The Odfjell Group is a leading global company specializing in the seaborne transportation and storage of chemicals and other specialty bulk liquids. The company operates a fleet of approximately 70 ships and manages a network of tank terminals strategically located at international shipping hubs. Headquartered in Bergen, Norway, Odfjell has a global presence with offices in 13 locations and employs around 2300 staff. The company reported an annual gross revenue of USD 1249 million in 2024.

YTD Price Performance: 12.23%

Average Trading Volume: 45,274

Current Market Cap: NOK8.3B

For an in-depth examination of 0J77 stock, go to TipRanks’ Overview page.

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