Otello Corporation ASA (GB:0FI5) has released an update.
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Otello Corporation ASA is actively pursuing its share buyback program, recently purchasing 39,450 shares at an average price of NOK 7.85. Since the program’s start, nearly 3 million shares have been acquired, with a total acquisition value exceeding NOK 23 million. The company aims to buy back up to 5% of its total shares, strengthening its position in the market.
For further insights into GB:0FI5 stock, check out TipRanks’ Stock Analysis page.