Otello Corporation ASA (GB:0FI5) has released an update.
Otello Corporation ASA has implemented a share buyback program, acquiring 56,000 shares at an average price of NOK 7.90, amounting to a total expenditure of NOK 442,353. The buyback, executed by Pareto Securities AS, falls within the company’s preset conditions of a maximum price of NOK 15 per share and up to 5% of the total outstanding shares. Otello Corporation now holds 3,744,364 treasury shares following the recent transactions.
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