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SmartCraft ASA Initiates Share Buy-Back Programme

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SmartCraft ASA Initiates Share Buy-Back Programme

Confident Investing Starts Here:

The latest update is out from SmartCraft ASA Class A ( (DE:9YK) ).

SmartCraft ASA has announced a share buy-back programme with a maximum consideration of NOK 20,000,000, running until the day before the company’s Annual General Meeting in 2025. Between April 3 and April 11, 2025, the company repurchased 56,129 shares at an average price of NOK 26.1243 per share, reflecting its strategic move to enhance shareholder value and optimize capital structure.

More about SmartCraft ASA Class A

SmartCraft 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. 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.

YTD Price Performance: -13.08%

Average Trading Volume: 900

Technical Sentiment Signal: Strong Buy

Current Market Cap: €349.9M

See more data about 9YK stock on TipRanks’ Stock Analysis page.

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