Norway’s Aker Yards has bought more of its own shares following the exit of its parent Aker from the business.
It said 55,000 shares were bought at NOK 505.51 each, a total outlay of NOK 27.8m ($4.55m), which has built its stake from 1.76% to 2%.
The stock was trading at about NOK 512 in Oslo on Thursday morning, but fell from NOK 530 after Aker made the announcement of the share sale earlier this month.
Aker
