Atea ASA (ATAZF) has released an update.
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Atea ASA has announced a share repurchase program, allocating up to NOK 120 million to buy back a maximum of 650,000 shares, starting October 23, 2024, and concluding by April 29, 2025. This move, aligned with their share-based compensation agreements, reflects strategic financial management as they leverage market conditions on the Oslo Stock Exchange. With a presence in 88 cities and revenues of NOK 35 billion, Atea continues to strengthen its position as a leading IT infrastructure supplier in the Nordic and Baltic regions.
For further insights into ATAZF stock, check out TipRanks’ Stock Analysis page.
