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Nordic Semiconductor Lifts Treasury Stake as Share Buyback Reaches 600,000 Shares

Story Highlights
  • Nordic Semiconductor is progressing its February-launched buyback, adding 150,000 shares.
  • Total repurchased shares now reach 600,000, lifting holdings to about 1% of capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nordic Semiconductor Lifts Treasury Stake as Share Buyback Reaches 600,000 Shares

Meet Samuel – Your Personal Investing Prophet

Nordic Semiconductor ASA ( (GB:0FF9) ) has issued an update.

Nordic Semiconductor has continued executing on its share buyback program, first announced in early February and scheduled to run until late April 2026. Over the latest reported period from February 27 to March 5, the company repurchased 150,000 shares at volume-weighted average prices between NOK 135.39 and NOK 144.32, adding to previously disclosed buybacks.

In total, 600,000 shares have now been repurchased under the program for an aggregate consideration of NOK 86.4 million. Following these transactions, Nordic Semiconductor holds 1,021,441 treasury shares, in addition to shares reserved for stakeholders in Mobile Semiconductor Inc and Memfault Inc, bringing its total holdings to about 1.0% of its share capital and signaling continued capital return and balance-sheet flexibility for shareholders.

The most recent analyst rating on (GB:0FF9) stock is a Buy with a NOK200.00 price target. To see the full list of analyst forecasts on Nordic Semiconductor ASA stock, see the GB:0FF9 Stock Forecast page.

More about Nordic Semiconductor ASA

Nordic Semiconductor ASA is a Norway-based semiconductor company specializing in low-power wireless communication solutions. Its products are widely used in Internet of Things applications and other connected devices, serving global technology and industrial customers that require energy-efficient connectivity chips and related solutions.

Average Trading Volume: 1,018,927

Current Market Cap: NOK27.12B

For an in-depth examination of 0FF9 stock, go to TipRanks’ Overview page.

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