Mowi ASA
OSE:MOWI
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MOWI's latest stock split occurred on Jan 21, 2014
The company executed a 1-for-10 stock split, meaning that for every 10 shares held, investors received 1 new share.
Before the split, MOWI traded at 7.695 per share. Afterward, the share price was about 47.9642.
The adjusted shares began trading on Jan 21, 2014. This was MOWI's 5th stock split, following the previous one in Aug 26, 2004.
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Mowi ASA
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Mowi ASA, formerly known as Marine Harvest, holds its place as a titan in the global seafood industry, distinguishing itself primarily in the salmon farming sector. This Norwegian giant weaves together a complex tapestry of operations, anchored in the sustainable and efficient farming of Atlantic salmon. Positioned strategically from Norway to Chile and Canada to Ireland, Mowi commands an impressive feat of aquatic agriculture. Through advanced aquaculture techniques, such as controlled feeding and enhanced breeding for optimal growth, the company minimizes its environmental footprint while ensuring consistent quality. It also employs sophisticated data analytics to monitor and manage the health of its stock, underscoring its commitment to sustainability and innovation. The company's economic engine roars to life through several revenue streams. At its core, Mowi generates income by breeding, growing, and harvesting salmon, which is then processed into various forms, including fresh, frozen, and smoked products, catering to diverse consumer preferences. Mowi also maneuvers through other markets by providing feed and genetic services, reflecting its vertically integrated business model. Retail partnerships and its own brand presence in supermarkets worldwide amplify its reach, further cementing its financial stability. With an eye on expanding its portfolio, Mowi commits to research and development to enhance production efficiencies and reduce costs, thereby strengthening its profitability. The result is a finely tuned operation that capitalizes on the soaring global demand for healthy, protein-rich seafood, allowing Mowi ASA to not only survive but thrive at the forefront of the aquaculture industry.
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