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Nekkar ASA Initiates Renewed Share Buy-Back Program

Nekkar ASA Initiates Renewed Share Buy-Back Program

Nekkar ASA (DE:0TT) has released an update.

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Nekkar ASA has renewed its share buy-back program, with the authorization to purchase up to 10,742,711 shares for a maximum of NOK 100 million, to be finalized by May 30, 2025. During the 32nd week of 2024, the company repurchased 57,656 shares at an average price of NOK 11.0229, resulting in Nekkar holding 2.568% of its own shares. The program is independently managed by Pareto Securities to avoid insider influence on trade decisions.

For further insights into DE:0TT stock, check out TipRanks’ Stock Analysis page.

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