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Otello Corporation ASA ( (GB:0FI5) ) has provided an announcement.
Otello Corporation ASA has continued its ongoing share buyback program, with Pareto Securities purchasing 359,171 shares on the company’s behalf between 5 and 9 January 2026 at an average price of NOK 17.75, for a total consideration of NOK 6.37 million. Since the launch of the program in September 2025, Otello has repurchased 2,826,913 shares at an average price of NOK 16.91, totaling NOK 47.8 million, and now holds these shares as treasury stock under an AGM-approved mandate that allows for up to 3,689,541 shares to be bought back at a maximum price of NOK 20 per share, signaling continued capital return and active balance-sheet management for shareholders.
More about Otello Corporation ASA
Otello Corporation ASA is a Norway-listed technology company that actively manages its capital structure, including through the use of share buyback programs. The company holds treasury shares as part of its broader shareholder-return and balance-sheet management strategy within the Norwegian equity market.
Average Trading Volume: 202,968
Current Market Cap: NOK1.29B
For an in-depth examination of 0FI5 stock, go to TipRanks’ Overview page.