16.12.2024 10:03:08 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 50 of 2024, Nekkar purchased 151.800 own shares at an average price of NOK 9.9139 per share. Following this, Nekkar holds a total of 3,963,330 own shares, corresponding to 3.689 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)
09/12/2024
38,100
9.8703
376,058.43
10/12/2024
26,000
9.7865
254,449.00
11/12/2024
11,000
9.8327
108,159.70
12/12/2024
40,000
9.8211
392,844.00
13/12/2024
36,700
10.1751
373,426.17
Previously announced buy-backs under the program
3,227,459
10.1587
32,786,923.85
Total buy-back made under the program
3,379,259
10.1477
34,291,861.15
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 16122024.pdf
