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SmartCraft ASA Executes Share Buy-Back Program

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SmartCraft ASA Executes Share Buy-Back Program

Elevate Your Investing Strategy:

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

SmartCraft ASA announced the execution of its share buy-back program, initially declared on May 8, 2025, with a maximum consideration of NOK 20,000,000. Between June 19 and June 27, 2025, the company repurchased 101,776 shares at an average price of NOK 26.8003 each, as part of its strategy to enhance shareholder value. This move aligns with regulatory requirements and reflects SmartCraft’s commitment to optimizing its capital structure, potentially impacting its market positioning and stakeholder interests.

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, aiming to enhance productivity, margins, and resource efficiency. With over 13,400 customers and 270 employees, the company operates across Norway, Sweden, Finland, and the UK and has been listed on the Oslo Stock Exchange since June 2021.

Average Trading Volume: 159,825

Current Market Cap: NOK4.75B

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

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