Skin in the game: Mowi CEO invests $95,000 of his own cash in confident bet on company’s future

by
Editorial Staff

Mowi top dog, Ivan Vindheim, just splashed out on more company stock, snapping up 5,422 shares at NOK 184.38 a pop.

Ivan Vindheim, CEO of the world’s largest salmon farmer, Mowi, has purchased 5,422 shares in the company at a price of NOK 184.38 ($17.52/€15.85) per share on 30 August 2024 for a total of NOK 999,781.16 ($94,479.21/€85,981.18).

Mowi senior executives exercise 1.04 million share options

This acquisition increases his total holding to 13,325 shares in the company.

Vindheim’s purchase signals a strong vote of confidence in the company’s future. The decline in share price over the past year mirrors a broader trend affecting several companies in the salmon farming sector, which have seen sluggish performance amid various market pressures, including rising costs and regulatory challenges.

The Mowi boss looks to be aligning his financial interests even more closely with those of Mowi’s shareholders, demonstrating his commitment to driving the company’s recovery and growth in the years to come.

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