Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Grieg Seafood executives buy shares, signaling confidence in company

EditorRachael Rajan
Published 16/11/2023, 16:34
Updated 16/11/2023, 16:34
© Reuters.

OSLO - Top executives at Grieg Seafood ASA demonstrated their belief in the company's prospects through a series of share purchases on the Oslo Stock Exchange today. CEO Andreas Kvame, CFO Atle Harald Sandtorv, and CCO Erik Holvik collectively bolstered their stakes in the firm, an act often interpreted as a positive signal about a company's financial health.

The transactions are as follows:

  • CEO Andreas Kvame added 3,100 shares at NOK 64.51 each to his holdings, now totaling 43,613 shares.
  • CFO Atle Harald Sandtorv purchased an additional 1,700 shares at NOK 64.49 each, bringing his total to 27,256 shares.
  • CCO Erik Holvik acquired 1,545 shares at NOK 64.70 each, increasing his count to 10,376 shares.

These acquisitions comply with the Norwegian Securities Trading Act's disclosure requirements and Art.19 of the market abuse regulation. The decision by these executives to invest personally in the company they manage sends a strong message to shareholders and potential investors about their commitment and expectation of future growth.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.