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SmartCraft ASA Initiates Share Buy-Back Programme

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Confident Investing Starts Here:

SmartCraft ASA Class A ( (DE:9YK) ) has issued an announcement.

SmartCraft ASA has initiated a share buy-back programme, announced on May 8, 2025, with a maximum consideration of NOK 20,000,000. Between May 8 and May 16, 2025, the company repurchased 124,741 shares at an average price of NOK 23.8191 per share, totaling NOK 2,971,224. This move is part of SmartCraft’s strategic financial management, potentially enhancing shareholder value and reflecting confidence in the company’s market position.

More about SmartCraft ASA Class A

SmartCraft ASA is a leading Nordic provider of mission-critical SaaS solutions for SMEs in the construction sector, aimed at enhancing productivity, margins, and resource efficiency. The company serves over 13,400 customers and employs 270 people across Norway, Sweden, Finland, and the UK. It was listed on the Oslo Stock Exchange in June 2021.

Average Trading Volume: 137,073

Current Market Cap: NOK3.95B

For a thorough assessment of 9YK stock, go to TipRanks’ Stock Analysis page.

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