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Nekkar ASA ( (DE:0TT) ) just unveiled 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. This program, managed by an independent third party, aims to enhance corporate value and maintain financial flexibility, with 231,000 shares purchased in week 44 of 2025, reflecting the company’s commitment to strategic financial management and shareholder value enhancement.
More about Nekkar ASA
Nekkar ASA is an industrial long-term 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 strategic reinvestment for profitability and 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: 21.39%
Average Trading Volume: 257,795
Current Market Cap: NOK1.31B
For a thorough assessment of 0TT stock, go to TipRanks’ Stock Analysis page.