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Nekkar ASA ( (DE:0TT) ) has shared an announcement.
Nekkar ASA has renewed its share buy-back program, authorized by its Board of Directors, to purchase up to 10,742,711 shares with a maximum value of NOK 100 million. The program, managed independently, aims to enhance corporate value and is set to conclude by May 30, 2026, with recent purchases adding to the company’s substantial shareholdings.
More about Nekkar ASA
Nekkar ASA is an industrial long-term owner of ocean-based technology companies, focusing on sustainable oceans, robotics, intelligent logistics, and digital solutions. With a 50-year industrial heritage from Syncrolift, the company employs a buy-to-own strategy to build long-term value, supporting operating companies with a strong balance sheet and strategic reinvestment for sustainable growth.
YTD Price Performance: 20.40%
Average Trading Volume: 306,759
Current Market Cap: NOK1.3B
For an in-depth examination of 0TT stock, go to TipRanks’ Overview page.