Listed at Oslo Stock Exchange (Stock Symbol: SALM)
How to Open a Trading Account to Invest in SalMar Shares
Opening an investment account with a stockbroker requires you to:
First, choose the broker that best fits you. Here, we present eToro as the primary choice.
Upload an ID and a proof of address (electricity, water bills, etc.) through the Broker's App or via email.
Whether you open it with eToro or with another broker, make sure to choose the correct base currency of the account. With some brokers, changing it once you open the account can be painful. Trading Accounts are available in US Dollars (USD), Euros (EUR), Pound Sterling (GBP), Swiss Franc (CHF), Australian Dollar (AUD) as the base currency. Practically all of them offer the option in US Dollars or Euros.
Once the Broker has approved the account, it's time to deposit cash. The depositing and withdrawing money methods are usually Credit Cards, Bank Transfers or eWallets (PayPal, PaySafe, Skrill, SafetyPay, Neteller, among others). The available options to deposit funds will depend on each Broker. A vital fact to mention is that all of the Brokers presented above allow you to use a simulator on their platform; that is, they allow testing their Demo account, which is Free. In other words, you can open a Demo account, try the platform, and then decide whether to deposit money or not.
Upon the capital is credited into your credited account, you may now buy the Stock.
Is it easy to invest in SalMar Shares?
Online Brokers allow investing in Shares straightforwardly through optimized apps that grant easy and fast access to financial markets. In fact, most platforms resemble a social network or any other phone app: They are designed so that the investor can learn and start trading very quickly, without the need for much prior knowledge. Literally, to buy shares of SalMar, you have to:
open a trading account as explained before,
deposit money,
Search for "SalMar" on the Broker's Trading platform, and
press the "Buy" button.
And, done, you are officially investing in the co's shares.
How to buy SalMar Shares
About SalMar ASA
SalMar was founded in February 1991 and is headquartered in Frøya in Sør-Trøndelag, Norway. It is one of the largest producers of farmed salmon. The company owns 100 licenses for marine production of Atlantic salmon in Norway, 68 in the company's principal producing region in Central Norway, and 32 licenses in Northern Norway.
SalMar employs around 1,500 people. The company has developed into a vertically integrated aquaculture enterprise with production covering the entire chain up to the sale of finished products. It has a fully integrated system for farming, processing, sales and distribution of farmed salmon. The salmon is sold both in-house and through business partners.
SalMar also owns 59% of Iceland's most prominent salmon farmer, Arnarlax Ehf. and 50% of Norskott Havbruk AS. This company owns 100% of Scottish Sea Farms Ltd., the second-largest salmon farmer in the UK, with a production capacity above 30,000 tonnes.
