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Schibsted ASA (SCHA.OL)

Oslo - Oslo Delayed price. Currency in NOK
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285.20-9.00 (-3.06%)
At close: 04:25PM CEST
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Previous close294.20
Bid270.00 x 7700
Ask284.20 x 121500
Day's range283.40 - 292.80
52-week range180.15 - 376.40
Avg. volume249,103
Market cap64.107B
Beta (5Y monthly)0.99
PE ratio (TTM)3.96
Earnings dateN/A
Forward dividend & yield2.00 (0.70%)
Ex-dividend date30 May 2024
1y target estN/A
  • Reuters

    Big Tech should seek rivals' input on complying with EU rules, European businesses say

    Schibsted, Allegro and more than 20 other small European companies and industry groups on Tuesday urged Big Tech to seek their input into how it plans to comply with new EU rules aimed at creating more competition ahead of a March deadline. As part of its latest crackdown on Big Tech, the European Union in September last year said 22 "gatekeeper" services, run by six of the world's biggest tech companies, would be subject to the Digital Markets Act (DMA) with its list of dos and don'ts. The DMA requires these gatekeepers - Alphabet, Amazon, Apple, Meta, Microsoft and TikTok owner ByteDance - to operate their messaging apps together with competitors and allow users to decide which apps they pre-install on their devices, among others.

  • Reuters

    Schibsted to sell its media operation to main owner for $568 million

    COPENHAGEN (Reuters) -Norway's Schibsted said on Monday it has made a non-binding agreement worth 6.2 billion crowns ($568 million) to sell its news media operations to its main owner Tinius Trust, splitting the group into two companies. If finalised, the traditional media company would be fully owned by the Tinius Trust, while the other, owning online market places such as classified ads and other ventures, would remain listed on the stock market, Schibsted said in a statement. As part of the deal, Tinius said it has agreed to remove Schibsted's dual-class share structure by January 2026, which would ensure equal voting rights for all shareholders and thus loosen the trust's grip on the company.

  • Reuters

    UPDATE 5-Sweden's Viaplay to raise cash, restructure debt, shares plunge 82%

    Viaplay shares tumbled by as much as 82% on Friday as the struggling Swedish streaming group said it would raise new equity and restructure its debt in a rescue plan that would sharply dilute the holdings of existing owners. Under pressure to stabilise its business as rising living costs dent consumer demand, Viaplay in June replaced its CEO and has repeatedly warned of a weakening business environment that has sent its shares plunging. "We unfortunately had to (let) go of more than 30% of our workforce," Chief Executive Jorgen Madsen Lindemann told Reuters.