Bakkafrost's stock price reaches all time high after a sensational 12 months - Local.fo
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Bakkafrost’s stock price reaches all time high after a sensational 12 months

Bakkafrost’s stock price reached an all time high of 444.8 NOK yesterday, report several Faroese media outlets.

This represents a 3.0 percentage point increase – i.e. 15.8 NOK – since Monday

Bakkafrost’s stock price has increased around 70% over the past year, around 12% the last month and around 4% the last week, writes VP.fo.

Bakkafrost’s total value now stands at 21.7 billion NOK – i.e. 16.8 billion DKK.

Bakkafrost is a salmon farming company based in Glyvrar on the island of Eysturoy in the Faroe Islands. Bakkafrost is the largest fish farming company in the Faroe Islands, and one of the biggest private employer in the islands, if not the biggest. Bakkafrost is the eighth-largest fish farming company in the world.

Regin Jacobsen and his mother Oddvør Jacobsen are the main owners of Bakkafrost, Oddvør Jacobsen owns 9.5% of the shares and Regin Jacobsen owns 9.3% of the shares. There are currently more than 3000 different share owners from 22 countries.