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Nekkar ASA ( (DE:0TT) ) has shared an update.
Nekkar ASA announced the renewal of its share buy-back program, authorized at the 2024 Annual General Meeting. The program, managed independently by Pareto Securities, aims to purchase up to 10,742,711 shares with a budget of NOK 100 million, to be completed by May 2025. This move is part of Nekkar’s corporate strategy, potentially enhancing shareholder value and strengthening its financial position within the industry.
More about Nekkar ASA
Nekkar ASA is an industrial technology group known for its impact technologies and high-end software solutions. The company has a strong heritage from Syncrolift, a leader in shiplift technology, and is expanding into sustainable and digital technology sectors, focusing on ocean-based industries like offshore energy, renewables, and aquaculture.
YTD Price Performance: 2.41%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €90.69M
For a thorough assessment of 0TT stock, go to TipRanks’ Stock Analysis page.
