Otello Corporation ASA (GB:0FI5) has released an update.
Otello Corporation ASA has actively pursued its share buyback program, purchasing 438,600 shares at an average price of NOK 8.26 each, amounting to a total expenditure of NOK 3,621,488 between August 26 and August 30, 2024. Overall, since the program’s commencement, Otello has acquired 1,397,700 shares for NOK 11,176,776, with the program’s terms allowing for a maximum price of NOK 15 per share and a cap of 4,554,986 shares. The company now holds 5,086,064 treasury shares, including those bought in previous buyback initiatives.
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