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NHYDY News and Press, Norsk Hydro ASA ADR From 07/21/23

Stock Information

Company Name: Norsk Hydro ASA ADR
Stock Symbol: NHYDY
Market: OTC
Website: hydro.com

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NHYDY - Norsk Hydro Non-GAAP EPS of NOK 1.77, revenue of NOK 53.63B; raises FY23 capex guidance

2023-07-21 01:06:34 ET Norsk Hydro press release ( OTCQX:NHYDY ): Q2 Non-GAAP EPS of NOK 1.77. Revenue of NOK 53.63 billion (-17.2% Y/Y). Hydro’s adjusted EBITDA for the second quarter of 2023 was NOK 7,098 million, down from NOK 11,594 million for the same quarter ...

NHYDY - Norsk Hydro: Well positioned in declining markets, low-carbon aluminium gaining ground

Hydro’s adjusted EBITDA for the second quarter of 2023 was NOK 7,098 million, down from NOK 11,594 million for the same quarter last year. This resulted in an adjusted RoaCE of 14 percent over the last twelve months. Results are down on lower aluminium and alumina sales prices as well as l...

NHYDY - Norsk Hydro: Reminder - Invitation to Hydro's second quarter results 2023

Hydro's second quarter results 2023 will be released at 07:00 CEST (01:00 EDT, 06:00 BST, 05:00 UTC/GMT) on Friday, July 21, 2023. The quarterly report and presentation will be available on www.hydro.com at the same time. Executive Vice President and CFO Pål Kildemo will host a w...

NHYDY - Norsk Hydro: Subscription period for Hydro's tender offer for Alumetal completed

More than 97 percent of the shares have now subscribed for sale in the tender offer for Alumetal. The subscription period was concluded on Friday, June 30. Hydro will now proceed with the purchase of all Alumetal shares, which were subscribed for sale. The share purchases are expected t...

NHYDY - Norsk Hydro: New share capital registered

Reference is made to the stock exchange notice by Norsk Hydro ASA ("Hydro") on May 10, 2023 regarding inter alia the resolution by the annual general meeting of a share capital reduction by cancellation of own shares and by redemption and cancellation of shares held by the Norwegian state. Th...

NHYDY - Norsk Hydro: Hydro increases price in tender offer for Alumetal to PLN 82.00 per share

Hydro is raising the price again in its ongoing tender offer for 100 percent of Polish recycler Alumetal to PLN 82.00 per share. The higher price will be valid until the end of the subscription period on June 30, 2023. Holders of more than 80 percent of Alumetal shares have already committed to H...

NHYDY - Norsk Hydro: Invitation to Hydro's second quarter results 2023

Hydro's second quarter results 2023 will be released at 07:00 CEST (01:00 EDT, 06:00 BST, 05:00 UTC/GMT) on Friday, July 21, 2023. The quarterly report and presentation will be available on www.hydro.com at the same time. Executive Vice President and CFO Pål Kildemo will host a w...

NHYDY - Norsk Hydro: Hydro moves closer to completion of acquiring Alumetal

The main condition of the ongoing tender offer for 100 percent of the shares in Alumetal has been fulfilled, as the existing shareholders have subscribed for the sale of at least 50 percent of the shares. As of 16:30 (CET) on Thursday, June 15, 2023, approximately 68 percent of the shares have al...

NHYDY - Norsk Hydro: Hydro temporarily increases price in tender offer for Alumetal

Hydro is temporarily raising the price in its ongoing tender offer for 100 percent of Alumetal shares to PLN 82.00 per share. The higher price will be valid until June 15 this year. Hydro is offering PLN 82.00 per each Alumetal share to all shareholders who subscribe for the sale of shares ...

NHYDY - Norsk Hydro: Still Lot To Like, But Company Looks Almost Fairly Valued

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...

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