The REC Group's ambition is to create shareholder value through strong and profitable growth and to remain financially strong. To support its strategic growth, the company currently intends to retain earnings to finance expansions.
Return on investment
The REC Group’s ambition is to give its shareholders a high and stable return on their investment. This should be achieved, first and foremost, through strong and profitable growth, at least in line with the growth of the solar energy market. To support REC's growth strategy and extensive expansion plans, the Board believes retained earnings should be put to profitable use within the company.
The number of shareholders in REC is about 29 000. The Company’s share capital is NOK 2,113,818,785, divided into 2,113,818,785 shares, each with a nominal value of NOK 1.00.
The ISIN number for REC ASA is: ISIN NO 0010112675