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Nordic Semiconductor ASA ( (GB:0FF9) ) has shared an announcement.
Nordic Semiconductor ASA has executed the first tranche of its previously announced share buyback program, repurchasing 150,000 shares between February 6 and 12, 2026 at a volume-weighted average price of NOK 151.91 for a total consideration of NOK 22.79 million. The buybacks, conducted on the open market, are part of a broader capital management strategy that modestly increases the company’s treasury share position to 571,441 shares, alongside shares reserved for Mobile Semiconductor Inc and Memfault Inc stakeholders, representing a combined 0.8% of the share capital and signaling continued confidence in the company’s valuation and long-term prospects.
The program, which runs until on or before April 28, 2026, provides Nordic Semiconductor with additional flexibility for future corporate purposes, including potential use of treasury shares in strategic transactions or incentive schemes. For investors, the buyback activity may support earnings per share over time and underscores management’s willingness to return capital while maintaining transparency through regulatory disclosures under the EU Market Abuse Regulation and Norwegian securities law.
The most recent analyst rating on (GB:0FF9) stock is a Hold with a NOK130.00 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 Norwegian technology company specializing in low-power wireless communication solutions, including Bluetooth Low Energy and cellular IoT chipsets. Its products serve global markets in consumer electronics, industrial applications, and connected devices, positioning the company as a key player in the Internet of Things hardware ecosystem.
Average Trading Volume: 947,485
Current Market Cap: NOK30.17B
For a thorough assessment of 0FF9 stock, go to TipRanks’ Stock Analysis page.