|Bid||2.0660 x 2100000|
|Ask||2.0780 x 1240000|
|Day's Range||2.0600 - 2.1800|
|52 Week Range||1.9710 - 8.2850|
|Beta (3Y Monthly)||1.32|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 10, 2020 - Feb 14, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.10|
Fornebu, Norway – October 30, 2019: REC Silicon ASA (REC Silicon) reported third quarter 2019 revenues of USD 36.4 million. EBITDA for the third quarter was a loss of USD 5.6.
REC Silicon ASA (REC Silicon) will release its Q3 2019 results on Wednesday, October 30, 2019 at 7:00 a.m. Central European Time (CET). A presentation of the results will be.
Washington, DC, October 22, 2019: The three largest manufacturers of polysilicon in the United States stressed today that Chinese tariffs imposed on U.S.-made polysilicon over the past five years have put the industry at risk, making the U.S. effectively reliant on China for this critical material. During a meeting with the U.S. House Manufacturing Caucus at the Cannon House Office Building, leaders from Hemlock Semiconductor Operations (HSC), REC Silicon and Wacker Chemie AG shared with members of Congress the effect the Chinese tariffs have had since they were imposed in 2014.
October 3, 2019: The effects of the on-going trade war and its impact on semiconductor markets have created the expectation of a sharp decline in REC Silicon’s third quarter shipments. The decrease is primarily a result of lower sales directly into China but also includes some impact from lower than anticipated demand for semiconductor and flat panel display applications outside of China. As a result of REC Silicon’s efforts to maintain sales volumes, prices realized by REC Silicon for Silane have declined by approximately 1.3 percent in the third quarter of 2019 compared to the second quarter of 2019.
Fornebu, Norway – July 25, 2019: REC Silicon ASA (REC Silicon) reported second quarter 2019 revenues of USD 47.0 million. EBITDA for the second quarter of 2019 was USD 0.5.
REC Silicon ASA (REC Silicon) will release its Q2 2019 results on Thursday, July 25, 2019 at 07:00 a.m. Central European Summer Time (CEST). A presentation of the results will.
Moses Lake, WA, July 15th 2019: REC Silicon ASA (REC Silicon) previously announced that its FBR facility in Moses Lake, Washington would be placed in a long-term shutdown by July 15, 2019 if its access to polysilicon markets in China was not restored by that date. Although recent talks between the Government of the United States (USG) and the Government of China at the G20 summit in Osaka in late June 2019 have resulted in a resumption of trade negotiations between the governments, the governments have not agreed on or imposed a deadline for a resolution and there is no certainty yet as to the date by which REC Silicon’s access to the China market will be restored.
Fornebu, Norway 9 July 2019. Reference is made to the resolution by the annual general meeting of REC Silicon ASA on 9 May 2019 which included the resolution of a reverse share.
Reference is made to the resolution by the annual general meeting of REC Silicon ASA on 9 May 2019, whereby it was resolved to issue 5 new shares to Umoe AS at a subscription price equal to par value. The issuance of 5 new shares has been registered with the Norwegian Register of Business Enterprises. Following registration, the share capital of REC Silicon ASA is NOK 279,820,066 divided on 2,798,200,660 shares, each with a par value of NOK 0.10.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act Fornebu, Norway 3 July 2019: Reference is made to.
June 13, 2019: REC Silicon ASA previously announced that the FBR facility in Moses Lake, Washington would be placed in a long-term shutdown by June 30, 2019 if access to polysilicon markets in China was not restored. The Company`s Board of Directors has decided to delay placing the FBR facility in a long-term shutdown until July 15, 2019.
The Company has decided not to initiate the Subsequent Offering. Since the approval of the Private Placement and the authorization of the board to carry out the Subsequent Offering at the May 9 2019 shareholder meeting, the Company`s shares have continuously traded on the Oslo Stock Exchange, with sufficient trading volume, at prices below subscription price of the contemplated Subsequent Offering.
Reference is made to the May 9 2019 announcement from REC Silicon ASA ("REC") of the minutes from the Annual General Meeting (the "AGM") of REC held on the same date. The new share capital reflecting the issue of the 25,438,187 new A-shares approved at the AGM has now been registered in the Norwegian Register of Business Enterprises. The Company`s new share capital is NOK 2,569,256,972, consisting of 2,543,818,785 ordinary shares and 25,438,187 class A-shares, all of NOK 1 par value.
Fornebu, Norway - May 9, 2019: The Annual General Meeting of the shareholders of REC Silicon ASA (REC Silicon) was held on May 9, 2019 at 16:00 CET. The minutes from the Annual General Meeting recording ...
Fornebu, Norway - May 9, 2019: REC Silicon ASA (REC Silicon) reported first quarter 2019 revenues of USD 45.0 million, compared to USD 48.9 million in the fourth quarter of 2018. EBITDA for the first quarter ...
Fornebu, Norway - April 30 2019: REC Silicon ASA (REC Silicon) will release its Q1 2019 results on Thursday, May 9, 2019 at 07:00 a.m. Central European Summer Time (CEST). A presentation of the results ...
This is a correction of the announcement from 15:15 12.04.2019 CEST. Reason for the correction: Changed date and venue for AGM. Fornebu, Norway - April 12, 2019: Notice is hereby given that the Annual ...
Fornebu, Norway - April 12, 2019: Notice is hereby given that the Annual General Meeting of REC Silicon ASA (REC) will be held at Høyres Hus, Stortingsgaten 20, Oslo, Norway on April 26, 2018 at 16.00 ...
Fornebu, Norway - April 12, 2019: REC Silicon ASA (REC Silicon) has published its Annual Report for 2018. The Annual Report is attached hereto. The report is also available for download on REC Silicon`s ...
Fornebu, Norway - 10 April 2019: Reference is made to the notification published 9 April 2019 at 22:51:37 CET (the "Notification") regarding the successful completion of a private placement (the "Private Placement") in REC Silicon ASA ("REC" or the "Company"). This is a clarification regarding the information in the Notification on Umoe AS` shareholding following the Private Placement and the other share capital transactions (save for the contemplated subsequent offering).