Otello Corporation ASA (GB:0FI5) has released an update.
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Otello Corporation ASA continues its share buyback program with the recent acquisition of 56,800 shares at an average price of NOK 7.86, bringing the total shares bought back to over 3 million since the program’s inception. The initiative allows the company to purchase up to 4,554,986 shares, with a maximum price of NOK 15 per share. This strategic move underscores Otello’s commitment to investing in its own stock, potentially enhancing shareholder value.
For further insights into GB:0FI5 stock, check out TipRanks’ Stock Analysis page.
