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Nekkar ASA ( (DE:0TT) ) has provided an update.
Nekkar ASA has renewed its share buy-back program, authorized by the Board of Directors, to purchase up to 10,742,711 shares with a maximum value of NOK 100 million, aiming to enhance corporate value and shareholder returns. The program is independently managed, and during week 30 of 2025, Nekkar acquired 42,503 shares, bringing its total holdings to 6,601,639 shares, representing 6.145% of the company, which could positively impact its market positioning and investor confidence.
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.
YTD Price Performance: -0.70%
Average Trading Volume: 78,895
Current Market Cap: NOK1.07B
For an in-depth examination of 0TT stock, go to TipRanks’ Overview page.