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SmartCraft ASA Class A ( (DE:9YK) ) has shared an update.
SmartCraft ASA has completed a share buyback offer to its shareholders, resolving to purchase 4,166,666 shares at a price of NOK 18 per share through a reverse book-building process. Following settlement, the company will hold 11,293,403 of its 171,522,305 issued shares, consolidating its ownership structure and potentially improving capital efficiency for existing investors.
Allocation notifications for participating shareholders are expected around 23 February 2026, with trading set for the same date and settlement anticipated on or about 25 February 2026 via standard delivery-versus-payment procedures. The transaction underlines SmartCraft’s active capital management strategy, which may support its market positioning as a focused SaaS provider to the construction industry while refining its shareholder base.
More about SmartCraft ASA Class A
SmartCraft ASA is a leading Nordic provider of mission-critical SaaS solutions for small and medium-sized enterprises in the construction sector. The company focuses on boosting productivity, margins, and resource efficiency for more than 14,100 customers, and operates with around 270 employees across Norway, Sweden, Finland and the UK, having been listed on the Oslo Stock Exchange since June 2021.
Average Trading Volume: 91,226
Current Market Cap: NOK2.98B
For an in-depth examination of 9YK stock, go to TipRanks’ Overview page.