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Otello Corporation ASA Advances Share Buyback Program
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Otello Corporation ASA Advances Share Buyback Program

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Otello Corporation ASA ( (GB:0FI5) ) has provided an update.

Otello Corporation ASA has been actively engaging in a share buyback program, recently acquiring 266,794 shares through Pareto Securities AS at an average price of NOK 7.74, totaling NOK 2,066,309, as part of its continued efforts to manage its outstanding shares. Since the start of the program, 4,554,896 shares have been bought back, reflecting the company’s strategic decision to utilize its authorized capital for share repurchases, which impacts its financial structure and shareholder value.

More about Otello Corporation ASA

YTD Price Performance: 0.0%

Average Trading Volume: 70

Technical Sentiment Consensus Rating: Buy

Current Market Cap: NOK420.4M

For detailed information about 0FI5 stock, go to TipRanks’ Stock Analysis page.

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