Nekkar ASA (DE:0TT) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Nekkar ASA has renewed its share buy-back program, aiming to repurchase up to 10,742,711 shares with a maximum budget of NOK 100 million by May 2025. This strategic move is managed independently by Pareto Securities, and during the recent week, Nekkar acquired 163,721 shares at an average price of NOK 9.9053 each. The company now holds nearly 2.8% of its own shares, potentially enhancing shareholder value by reducing the number of outstanding shares.
For further insights into DE:0TT stock, check out TipRanks’ Stock Analysis page.