Orkla initiates NOK 4 billion share buyback program
The buyback aims to return excess capital to shareholders. It runs from September 22, 2026, to December 31, 2027, managed by ABG Sundal Collier.
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Industrial investment company focused on brands and consumer-oriented companies
orkla.comLast updated
In short: Orkla reported Q2 results, mourned Chair Stein Erik Hagen, and advanced buybacks and acquisitions.
The buyback aims to return excess capital to shareholders. It runs from September 22, 2026, to December 31, 2027, managed by ABG Sundal Collier.
Marianne Kirkegaard takes over temporarily while the board searches for a permanent replacement.
The company achieved 2.5% EBIT growth and announced the acquisition of The European Candy Group, while outlook remains uncertain due to political unrest.
Adjusted earnings per share rose 2.6 percent, while the group completed a four billion share buyback program and declared a record dividend payout.
Orkla ASA (0FIN), the Oslo-based Norwegian branded consumer goods company, has revealed a share repurchase programme valued at up to NOK 4,000,000,000, set to begin...
Orkla ASA is one of the leading Norwegian industrial groups. Net sales break down by family of products as follows: - foods (52.2%): pizzas, sauces...
Orkla Snacks has completed the acquisition of The European Candy Group (CCI), one of Europe's largest producers of vegan confectionery.
Orkla had a pre-tax result of 2.1 billion kroner on revenues of 16.7 billion in the second quarter, according to the brand owner's latest quarterly report. On...
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