Otello Corporation ASA ( (GB:0FI5) ) has issued an announcement.
Otello Corporation ASA has initiated a share buyback program, purchasing 709,400 shares at an average price of NOK 8.46, totaling NOK 6,001,694. This move is part of a broader strategy to manage its treasury shares, with a maximum purchase price set at NOK 15 per share and a cap of 3,688,364 shares under the current authorization.
More about Otello Corporation ASA
YTD Price Performance: 6.30%
Average Trading Volume: 510
Technical Sentiment Signal: Strong Sell
Current Market Cap: NOK685.4M
Find detailed analytics on 0FI5 stock on TipRanks’ Stock Analysis page.