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ININ Group Continues Share Buyback Under NOK 6 Million Mandate

Story Highlights
  • ININ Group has repurchased 2,191 shares as part of its ongoing buyback programme.
  • The buyback, authorised by shareholders, supports capital management and signals transparency to investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ININ Group Continues Share Buyback Under NOK 6 Million Mandate

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Elop AS ( (DE:72G) ) has provided an announcement.

ININ Group AS has continued its previously announced share buyback programme, with Pareto Securities purchasing 2,191 shares on the company’s behalf between 9 and 13 February at an average price of NOK 3.09. The transaction, totalling NOK 6,765.91, forms part of a broader buyback mandate of up to NOK 6 million that can be terminated at the company’s discretion.

The repurchase is carried out under an authorisation granted at the annual general meeting in May 2024, signalling ongoing capital management efforts and potential support for the company’s share price. The disclosure complies with EU Market Abuse Regulation and Norwegian securities law, underscoring regulatory transparency for investors and other market participants.

More about Elop AS

ININ Group AS operates in the investment and infrastructure sector, focusing on acquiring and developing companies and projects within infrastructure services and related industries. The company is listed on the Norwegian market and actively manages its capital structure, including through share buyback programmes authorised by its general meeting.

Average Trading Volume: 8,115

Current Market Cap: NOK415M

Learn more about 72G stock on TipRanks’ Stock Analysis page.

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