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SmartCraft ASA Engages in Strategic Share Buy-Back Program

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SmartCraft ASA Engages in Strategic Share Buy-Back Program

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SmartCraft ASA Class A ( (DE:9YK) ) has provided an announcement.

SmartCraft ASA has been actively engaging in a share buy-back program, purchasing a total of 81,222 shares between March 25 and April 2, 2025, at an average price of NOK 26.3609 per share. This initiative, part of a larger program with a maximum consideration of NOK 20 million, is expected to impact the company’s share value and market perception positively, aligning with regulatory requirements under the EU Market Abuse Regulation and the Norwegian Securities Trading Act.

More about SmartCraft ASA Class A

SmartCraft ASA is a leading Nordic provider of mission-critical SaaS solutions tailored for SMEs in the construction sector, aimed at enhancing productivity, margins, and resource efficiency. The company serves over 13,400 customers and employs 270 people across Norway, Sweden, Finland, and the UK. SmartCraft was listed on the Oslo Stock Exchange in June 2021.

YTD Price Performance: -2.53%

Average Trading Volume: 900

Technical Sentiment Signal: Sell

Current Market Cap: €402.5M

See more insights into 9YK stock on TipRanks’ Stock Analysis page.

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