|Bid||262.80 x 7700|
|Ask||263.10 x 121500|
|Day's Range||261.90 - 266.90|
|52 Week Range||198.65 - 278.20|
|Beta (3Y Monthly)||0.48|
|PE Ratio (TTM)||81.91|
|Earnings Date||Oct 25, 2019|
|Forward Dividend & Yield||2.00 (0.77%)|
|1y Target Est||324.50|
Christian Printzell Halvorsen (45) has previously had senior roles in both Schibsted and FINN.no and has extensive knowledge of both companies. For the last two years, Printzell Halvorsen has been the CEO of Cxense, a global tech company listed on the Oslo Stock Exchange. Kristin Skogen Lund, chair of the board in FINN.no and CEO in Schibsted, says: “Christian is the perfect candidate to grow and exploit the huge potential that we have in our marketplaces.
Since then, Schibsted has bought back 1,694,040 A-shares and 790,330 B-shares, totalling 1.03% of the Company shares. The pace of the buybacks has been limited by liquidity in the trading of Schibsted’s. Due to the upcoming Q3 report on 25 October 2019 Schibsted has decided to pause buybacks from today, 7 October, until the Q3 report has been published. Schibsted’s ambition to buy back 2% of the Company shares stands firm, and the intention is to resume buybacks after the Q3 2019 release 25 October 2019.
Blommenholm Industrier AS, has on 6 September 2019 acquired 50,021 A-shares in Schibsted ASA (the “Company”), at a price of NOK 268.0474 per share. After this transaction Blommenholm Industrier owns 28,541,262 A-shares and 30,621,205 B-shares in the Company. If deducting for shares currently held by Schibsted ASA through its repurchase programme, Blommenholm Industrier now holds more than 25.0% of the outstanding total volume of shares in Schibsted ASA.