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SATS ASA Proposes Share Capital Adjustments for Growth and Incentives

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SATS ASA ( (DE:2S0) ) just unveiled an announcement.

The Board of Directors of SATS ASA has approved the annual accounts for 2024 and proposed several changes to the company’s share capital. These changes include authorizations to increase the share capital to support share incentive programs and finance further growth, as well as a reduction in share capital through the redemption of treasury shares. These proposals will be discussed at the upcoming annual general meeting.

More about SATS ASA

YTD Price Performance: 27.80%

Average Trading Volume: 409

Technical Sentiment Signal: Sell

Current Market Cap: €604.7M

See more insights into 2S0 stock on TipRanks’ Stock Analysis page.

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