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REC Silicon Faces Shareholder Call for Investigation into Supply Agreement Termination

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An announcement from REC Silicon ASA ( (RNWEF) ) is now available.

REC Silicon ASA has received a request from shareholders representing over 5% of its share capital to investigate the termination of a supply agreement with Hanwha Q Cells Georgia Inc., scheduled for January 2025. The investigation proposal will be addressed at the 2025 Annual General Meeting, reflecting the shareholders’ concerns about the financial implications of the agreement’s termination and the circumstances leading to it.

The most recent analyst rating on (RNWEF) stock is a Hold with a NOK8.00 price target. To see the full list of analyst forecasts on REC Silicon ASA stock, see the RNWEF Stock Forecast page.

More about REC Silicon ASA

REC Silicon is a leading producer of advanced silicon materials, providing high-purity silicon gases to the solar and electronics industries globally. With over 40 years of experience and proprietary technology, the company is listed on the Oslo Stock Exchange and headquartered in Lysaker, Norway.

Average Trading Volume: 1,904,958

Current Market Cap: NOK890M

See more data about RNWEF stock on TipRanks’ Stock Analysis page.

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