9.12.2024 09:42:52 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 49 of 2024, Nekkar purchased 155,484 own shares at an average price of NOK 10.0586 per share. Following this, Nekkar holds a total of 3,811,530 own shares, corresponding to 3.548 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)
02/12/2024
25,684
9.8187
252,183.49
03/12/2024
15,000
9.9002
148,503.00
04/12/2024
38,700
10.1084
391,195.08
05/12/2024
37,700
10.1306
381,923.62
06/12/2024
38,400
10.1601
390,147.84
Previously announced buy-backs under the program
3,071,975
10.1638
31,222,970.82
Total buy-back made under the program
3,227,459
10.1587
31,786,923.85
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 091224.pdf
