NHYDY News and Press, Norsk Hydro ASA ADR From 06/05/23

2023-06-05 00:15:57 ET Summary I highlight my successful investment in Norsk Hydro ASA, an aluminum company with strong profit margins and a high dividend yield. Despite recent positive results and ongoing projects, the author believes the company is currently fairly valued or sli...

The shares in Norsk Hydro ASA will be traded ex-dividend of NOK 5.65 as from today, May 11, 2023. Investor contact: Martine Rambøl Hagen +47 91708918 Martine.Rambol.Hagen@hydro.com This information is subject to the disclosure requirements pursuant to Section 5-12 the N...

2023-05-10 09:45:18 ET Norsk Hydro ( OTCQX:NHYDY ) declares NOK5.65/share interim dividend . Payable May 23; for shareholders of record May 10; ex-div May 11. See NHYDY Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Norsk Hyd...

The Annual General Meeting (AGM) of Norsk Hydro ASA was held on May 10, 2023. The Annual General Meeting was held as a hybrid meeting. All proposals on the agenda provided in the notice of the Annual General Meeting published on April 17, 2023, were adopted, including the proposal to distribu...

The European Commission (EC) today announced that it has granted unconditional merger clearance for Hydro’s proposed acquisition of the Polish recycler Alumetal S.A. Hydro first announced a tender offer to acquire Alumetal in April 2022, which later expired  during a phase II me...

2023-04-28 20:35:09 ET Norsk Hydro ASA (NHYDY) Q1 2023 Results Conference Call April 28, 2023 02:30 AM ET Company Participants Martine Rambøl Hagen - IR Hilde Merete Aasheim - CEO Pål Kildemo - CFO Conference Call Participants Liam Fitzpatri...

2023-04-28 01:10:24 ET Norsk Hydro press release ( OTCQX:NHYDY ): Q1 Non-GAAP EPS of NOK 1.70. Revenue of NOK 48.53B (+4.1% Y/Y). Compared to the fourth quarter, Hydro’s adjusted EBITDA increased from NOK 7,184 million to NOK 7,525 million in the first quarter 2023....

Hydro’s adjusted EBITDA for the first quarter of 2023 was NOK 7,525 million, down from NOK 11,165 million for the same quarter last year. This resulted in an adjusted RoaCE of 18 percent over the last twelve months. Lower aluminium and alumina sales prices, an...

Norsk Hydro ASA has relaunched a tender offer process for the acquisition of 100 percent of the shares of the Polish recycler Alumetal S.A. A tender offer was first launched in April 2022, which later expired during the European Commission’s extended merger review. The European Commi...

2023-04-27 07:28:44 ET Glencore ( OTCPK:GLCNF ) ( OTCPK:GLNCY ) said Thursday it agreed to acquire a 30% stake in Brazilian alumina refinery Alunorte and a 5% stake in bauxite producer Mineracao Rio do Norte from Norsk Hydro ( OTCQX:NHYDY ) for ~$700M. The companies said...