Otello Corporation ASA ( (GB:0FI5) ) has provided an update.
Otello Corporation ASA has been actively engaging in a share buyback program. Recently, the company acquired 458,500 shares at an average price of NOK 9.05, contributing to a total of 1,502,820 shares bought back since the program’s initiation. This strategic move is in line with the authorization granted at the company’s annual general meeting and aims to optimize the company’s capital structure.
More about Otello Corporation ASA
YTD Price Performance: 6.30%
Average Trading Volume: 1,006
Technical Sentiment Signal: Strong Sell
Current Market Cap: NOK744.5M
See more insights into 0FI5 stock on TipRanks’ Stock Analysis page.