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Nekkar ASA ( (DE:0TT) ) has issued an announcement.
Nekkar ASA has renewed its share buy-back program, authorized by its Board of Directors, to purchase up to 10,742,711 shares with a maximum value of NOK 100 million. The program, managed independently, aims to enhance corporate value and has already acquired 305,000 shares, bringing Nekkar’s total holdings to 7.236% of its shares, reflecting its commitment to shareholder value creation.
More about Nekkar ASA
Nekkar ASA is an industrial long-term owner of ocean-based technology companies, focusing on sustainable oceans, robotics and 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 empowered operating companies with a strong balance sheet and strategic reinvestment for sustainable growth.
YTD Price Performance: -0.50%
Average Trading Volume: 173,661
Current Market Cap: NOK1.07B
See more insights into 0TT stock on TipRanks’ Stock Analysis page.