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Otello Nears Completion of Share Buyback Programme, Holding 3.63 Million Treasury Shares

Story Highlights
  • Otello continues its authorised share buyback, repurchasing 235,800 shares in late January.
  • Total buybacks now reach 3.63 million shares, nearing programme limits and boosting treasury holdings.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Otello Nears Completion of Share Buyback Programme, Holding 3.63 Million Treasury Shares

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An update from Otello Corporation ASA ( (GB:0FI5) ) is now available.

Otello Corporation ASA, a listed Norwegian technology company, is executing a previously announced share buyback programme authorised by shareholders at the September 2025 annual general meeting. The company has now repurchased 235,800 shares over the period 26–30 January 2026 for NOK 4.4 million, bringing total buybacks under the programme to 3,630,116 shares at a cost of NOK 62.1 million and an average price of NOK 17.11, effectively reaching the stated cap of 3,689,541 shares and NOK 20 per share and increasing its treasury shareholding to 3,630,116 shares, which may support capital allocation flexibility and shareholder value initiatives.

More about Otello Corporation ASA

Average Trading Volume: 207,328

Current Market Cap: NOK1.34B

Find detailed analytics on 0FI5 stock on TipRanks’ Stock Analysis page.

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