-+ 0.00%
-+ 0.00%
-+ 0.00%
Orkla to Launch Up to NOK4 Billion Share Buyback Program
Share
Listen to the news
10:50 AM EDT, 09/21/2026 (MT Newswires) -- Orkla (ORK.OL) plans to launch a share buyback program to repurchase up to 80 million shares worth 4 billion Norwegian kroner, according to a Monday release. The program will run from Tuesday to Dec. 31, 2027, with the continuation of the buyback beyond the 2027 annual general meeting subject to shareholder approval. The buyback is intended for Orkla to return excess capital to shareholders by reducing the industrial investment company's share capital.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending