Share price performance
At the outset of 2006, the Telenor share was quoted at NOK 66.25. The highest quotation during the year was NOK 119.80, and the lowest was NOK 64.50.
At year-end, the quotation price was NOK 117.25. Inclusive of dividends, this amounted to a 82% increase in value. The market value as at 31 December 2006 was NOK 197 billion, which makes Telenor ASA the third largest company quoted on the Oslo Stock Exchange.
Trade
The Telenor share is listed on the Oslo Stock Exchange under the ticker code TEL. The share is also listed on NASDAQ in the US under the ticker code TELN, where it is traded through Telenor’s ADR programme. One ADR share corresponds to three Norwegian shares. The custodian bank is JP Morgan Chase Bank.
In 2006, 1.4 billion Telenor shares at a total value of NOK 117 billion were traded on the Oslo Stock Exchange. The average trading volume for Telenor shares on the Oslo Stock Exchange for the year was 5.6 million shares per day of trading. A round lot for the Telenor share on the Oslo Stock Exchange is 200 shares.
