OB:KOGAerospace & Defense
Assessing Kongsberg Gruppen (OB:KOG) Valuation After New Share Buyback For Incentive Plan
Buyback program puts Kongsberg Gruppen (OB:KOG) in focus
Kongsberg Gruppen (OB:KOG) has moved into the spotlight after announcing a share repurchase program of NOK 10.7 million, with all acquired shares earmarked for its long term incentive plan.
See our latest analysis for Kongsberg Gruppen.
The buyback plan comes at a time when Kongsberg Gruppen’s share price has climbed to NOK322.55, with a 24.7% 1 month share price return and a very large 5 year total shareholder return. This suggests...