3.3.2025 09:09:11 CET | Nekkar ASA | Acquisition or disposal of the issuer's own shares
On June 7th Nekkar announced its decision to renew the share buy-back program. The share buy-back program is executed in accordance with the authorization granted to the Board of Directors by the Annual General Meeting of Nekkar held on May 30, 2024. The program will be used for corporate purposes in accordance with the above-mentioned authorization. The share buy-back program covers purchase of up to 10,742,711 shares, and the maximum amount of the program is NOK 100 million. The renewed program commenced on June 7th and is planned finalized within May 30th, 2025 at the latest.
The share buy-back program is managed by Pareto Securities, which makes its trading decisions regarding the timing of the share repurchases independently of, without influence by, and without access to sensitive information concerning, Nekkar.
During week 9 of 2025, Nekkar purchased 148,500 own shares at an average price of NOK 10.2911 per share. Following this, Nekkar holds a total of 5,018,763 own shares, corresponding to 4.672 percent of the shares in the company.
Below is a more detailed overview of the transactions carried out under the renewed buy-back program.
Date
Number of shares
Average price (NOK)
Total transaction value (NOK)
24/02/2025
32,000
10.1299
324,156.80
25/02/2025
30,000
10.3627
310,881.00
26/02/2025
36,500
10.4562
381,651.30
27/02/2025
20,000
10.3270
206,540.00
28/02/2025
30,000
10.1664
304,992.00
Previously announced buy-backs under the program
4,286,192
10.0810
43,209,235.33
Total buy-back made under the program
4,434,692
10.0881
44,737,456.43
Appendix: For a comprehensive overview of all transactions conducted under the buy-back program during the beforementioned time frame, we have attached an appendix to this report
Disclosure regulation
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
Contacts
Marianne Voreland Ottosen, Head of finance, Nekkar ASA, +4740202593, mvo@nekkar.com
About Nekkar ASA
Nekkar (OSE: NKR) is an industrial technology group offering impact technologies combined with high-end software solutions. The group combines 50 years’ heritage from the world’s number one shiplift company, Syncrolift, with new investments into sustainable, digitalised technology businesses that aim to unlock growth within ocean-based industries such as offshore energy, renewables and aquaculture.
Attachments
NKR buy back 03032025.pdf
