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An update from Nekkar ASA ( (DE:0TT) ) is now available.
Nekkar ASA has renewed its share buy-back program, authorized by its Board of Directors, with a maximum limit of NOK 100 million and covering up to 10,742,711 shares. The program, managed independently, aims to enhance corporate value and is set to conclude by May 30, 2026. As of week 36 in 2025, Nekkar has repurchased 275,000 shares at an average price of NOK 9.7386, holding a total of 7,293,289 shares, equating to 6.789% of the company’s total shares.
More about Nekkar ASA
Nekkar ASA is an industrial owner of ocean-based technology companies, focusing on sustainable oceans, robotics, intelligent logistics, and digital solutions. With a 50-year industrial heritage from Syncrolift, Nekkar employs a buy-to-own strategy to build long-term value, supporting operating companies with a strong balance sheet and reinvesting strategically for sustainable growth. As a publicly listed company, Nekkar has a track record of shareholder value creation through disciplined mergers and acquisitions, financial management, and capital allocation.
YTD Price Performance: -2.49%
Average Trading Volume: 155,215
Current Market Cap: NOK1.05B
For detailed information about 0TT stock, go to TipRanks’ Stock Analysis page.