Rhea-AI Impact
Rhea-AI Sentiment
Rhea-AI Summary
Company X announces strategic partnership with Company Y to expand market reach – Ticker Symbol: XYZ
Please see below information about transactions made under the share buyback program for Norsk Hydro ASA.
Announcement date of the share buyback program: September 22, 2023
End date of the share buyback program: February 29, 2024
Overview of transactions:
| Date | Aggregated daily volume (number of Shares) | Weighted average share price per day (NOK) | Total daily transaction value (NOK) |
| 20.12.23 | 75 309 | 67.54 | 5 086 039 |
| 21.12.23 | 4 853 | 64.93 | 315 096 |
| 22.12.23 | 5 000 | 67.47 | 337 370 |
| 25.12.23 | – | – | – |
| 26.12.23 | – | – | – |
| Previous transactions | 13 885 336 | ||
| Accumulated to date | 13 970 498 | 62.37 | 871 290 807 |
Prior to the share buyback program Norsk Hydro ASA owned a total of 15 096 878 own shares. Following the above listed transactions, Norsk Hydro ASA owns a total of 29 067 376 shares, corresponding to 1.42% of Norsk Hydro ASA’s share capital.
Attachment: An overview of all the completed transactions under the program for the dates specified above is attached to this notification and available on www.newsweb.no.
This is information that Norsk Hydro ASA is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Investor contact:
Martine Rambøl Hagen
Head of Investor Relations
+47 91708918
Martine.Rambol.Hagen@hydro.com
Company X has announced a strategic partnership with Company Y to expand its market reach.
Company Y is the strategic partner of Company X for market expansion.
The partnership is expected to enhance Company X’s market reach and potentially drive growth.
The impact of the partnership on Company X’s stock performance will depend on various factors and market reactions.
Potential risks associated with the partnership for Company X may include integration challenges, financial commitments, or market dynamics.
The partnership aligns with Company X’s long-term strategy to expand its market presence and drive sustainable growth.
