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SmartCraft ASA Class A ( (DE:9YK) ) has shared an update.
SmartCraft ASA Class A has announced the re-initiation of a share buy-back program, authorized by its board of directors, with a maximum consideration of NOK 20 million. The program aims to acquire treasury shares for potential future settlements related to the company’s management investment program, optimize capital structure, and facilitate transaction settlements. The buy-back will be managed by DNB Carnegie and conducted in compliance with relevant EU regulations and Oslo Børs’ guidelines.
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. 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: 99,936
Current Market Cap: NOK3.88B
For detailed information about 9YK stock, go to TipRanks’ Stock Analysis page.