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Otello Corporation ASA Reduces Share Capital

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Otello Corporation ASA ( (GB:0FI5) ) has provided an update.

Otello Corporation ASA has announced a reduction in its share capital by NOK 182,199 through the redemption of 9,109,950 treasury shares. This move, executed under the board’s authorization, results in a new share capital of NOK 1,639,795.58, potentially impacting the company’s financial structure and shareholder value.

More about Otello Corporation ASA

YTD Price Performance: -4.28%

Average Trading Volume: 33

Technical Sentiment Consensus Rating: Buy

Current Market Cap: NOK408.4M

For an in-depth examination of 0FI5 stock, go to TipRanks’ Stock Analysis page.

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