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SmartCraft ASA Initiates Share Buy-Back Program

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SmartCraft ASA Initiates Share Buy-Back Program

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SmartCraft ASA Class A ( (DE:9YK) ) just unveiled an announcement.

SmartCraft ASA has announced a share buy-back program with a maximum consideration of NOK 20 million, running from May 2025 until the 2026 Annual General Meeting. Between June 10 and June 18, 2025, the company repurchased 189,098 shares at an average price of NOK 26.3479 per share, contributing to a total of 552,327 shares repurchased under the program. This move is in line with regulatory requirements and aims to enhance shareholder value.

More about SmartCraft ASA Class A

SmartCraft is a leading Nordic provider of mission-critical SaaS solutions for SMEs in the construction sector, focusing on 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.

Average Trading Volume: 158,981

Current Market Cap: NOK4.56B

For a thorough assessment of 9YK stock, go to TipRanks’ Stock Analysis page.

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