Nekkar ASA (DE:0TT) has released an update.
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Nekkar ASA has renewed its share buy-back program, authorizing the purchase of up to 10.7 million shares with a maximum budget of NOK 100 million, to be completed by May 2025. During the 50th week of 2024, the company acquired 151,800 shares at an average price of NOK 9.9139, bringing its total holdings to 3.689% of its own shares. The program is managed independently by Pareto Securities, ensuring decisions are made without access to sensitive information from Nekkar.
For further insights into DE:0TT stock, check out TipRanks’ Stock Analysis page.
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