The Orkla share is listed on the Oslo Stock Exchange under the ticker code ORK. All shares have equal rights and are freely transferable.
In terms of market value, Orkla is the sixth largest company on the Oslo Stock Exchange as at 31 December 2016. At the end of 2016, its market capitalisation was NOK 79.7 billion, up NOK 8.3 billion from the end of 2015. The average daily volume of Orkla shares traded on the Oslo Stock Exchange was 1.8 million, equivalent to 0.17% of the total number of shares.
Orkla shares were traded on the Oslo Stock Exchange for a total of NOK 33,5 billion in 2016. That is equivalent to 4.1% of the Exchange’s total turnover. An average of 1.8 million Orkla shares were traded daily.
|Average number of shares outstanding, diluted|
|Average no. of shares issued||1,018,930,970||1,018,930,970||1,018,930,970||1,018,930,970|
|Average no. of treasury shares||1,404,712||1,384,781||2,555,573||6,646,896|
|Average no. of shares outstanding||1,017,526,258||1,017,546,189||1,016,375,397||1,012,284,074|
|Estimated dilution effect||442,972||847,480||1,419,517||1,027,629|
|Average no. of shares outstanding, diluted||1,017,969,230||1,018,393,669||10,017,794,914||1,013,311,703|
Earnings per share is one of several indicators that can be used in financial analyses to assess a company’s performance. This key figure shows how much the profit or loss for the period amounts to per share and is calculated by dividing the profit or loss for the period by the average shares outstanding.
See earnings per share for 2016, 2015 and 2014 in note 17 Earnings per share in Orkla’s Annual Report 2016.