Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from StrongPoint ASA ( (DE:PGT) ).
StrongPoint ASA has announced that its board members are required to use 20% of their gross remuneration to acquire shares in the company, with several board members having already participated in this program. Additionally, the company has an employee shareholder program that allows employees to receive shares at a discounted rate, with a lock-in period of one year. This initiative is part of StrongPoint’s efforts to align the interests of its board and employees with the company’s performance, potentially strengthening its market position and stakeholder confidence.
More about StrongPoint ASA
StrongPoint is a grocery retail technology company that provides solutions to enhance the efficiency of shopping experiences and online grocery shopping. With around 500 employees across several countries, including Norway, Sweden, and the UK, StrongPoint offers end-to-end e-commerce solutions and various in-store technologies. The company is headquartered in Norway and is listed on the Oslo Stock Exchange.
YTD Price Performance: -0.90%
Average Trading Volume: 64,842
Current Market Cap: NOK493.8M
See more data about PGT stock on TipRanks’ Stock Analysis page.