11.3.2024 09:02:30 CET | Nekkar ASA | Acquisition or disposal of the issuer's own shares
On August 29th Nekkar announced its decision to initiate a 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, 2023. 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 shall be NOK 80 million. The program commenced on August 31st and is planned finalized within June 30th, 2024 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 10 of 2024, Nekkar purchased 80,990 own shares at an average price of NOK 10.4214 per share. Following this, Nekkar owns a total of 2,170,318 own shares, corresponding to 2.020 percent of the shares in the company.
Below is a more detailed overview of the transactions carried out under the buy-back program.
Date
Number of shares
Average price (NOK)
Total transaction value (NOK)
04/03/2024
21,700
10.5364
228,639.88
05/03/2024
12,650
10.4135
131,730.78
06/03/2024
11,500
10.3920
119,508.00
07/03/2024
12,940
10.2754
132,963.68
08/03/2024
22,200
10.4137
231,184.14
Previously announced buy-backs under the program
2,082,696
8.75226
18,228,290.11
Total buy-back made under the program
2,163,686
8.81473
19,072,316.58
Appendix: For a comprehensive overview of all transactions conducted under the buy-back program during the aforementioned 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 11032024.pdf
