|Bid||11.10 x 284600|
|Ask||11.17 x 283700|
|Day's Range||11.54 - 11.54|
|52 Week Range||9.96 - 14.78|
|Beta (5Y Monthly)||0.91|
|PE Ratio (TTM)||9.95|
|Forward Dividend & Yield||0.60 (5.09%)|
|Ex-Dividend Date||Mar 17, 2023|
|1y Target Est||N/A|
Finnish-Swedish forestry firm Stora Enso, battery producer Amperex Technology Ltd (ATL) and other parties have invested $18 million in start-up CarbonScape to commercialise bio-graphite for use in batteries, they said on Tuesday. "This investment represents a strong statement of support for sustainable sourcing of battery materials for global decarbonisation," said CarbonScape CEO Ivan Williams. Currently graphite for the anodes of batteries are sourced from mined natural graphite or synthetic graphite produced from petroleum products.
NEW YORK, Sept. 15, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Stora Enso Oyj (Nasdaq Helsinki Oy: STEAV, STERV; Nasdaq Stockholm AB: STE A, STE R; OTCQX: SEOAY, SEOFF, SEOJF), a leading provider of renewable products in packaging, biomaterials, and wooden construction, and one of the largest private forest owners in the world, has qualified to trade on the OTCQX® Best Market.
COPENHAGEN (Reuters) -Finnish forestry firm Stora Enso plans to close several European units and lay off workers in a bid to boost its profitability and competitiveness, the company said in a statement on Thursday. Together with previously initiated negotiations at its packaging materials division, the restructuring will reduce the workforce by about 1,150 employees, Stora Enso said. "These measures are of course very difficult and would not be proposed unless it was absolutely necessary for our long-term competitiveness," Chief Executive Annica Bresky said.