On June 2nd 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 ASA held on May 28, 2025. 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 2nd and is planned finalized within May 30th, 2026 at the latest.
The share buy-back program is managed by an independent third party, 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 35 of 2025, Nekkar purchased 225,200 own shares at an average price of NOK 10.0881 per share. Including shares acquired under previous buy-back programs and adjusted for shares used in employee programs and acquisitions, Nekkar now holds a total of 7,018,289 own shares, corresponding to 6.533 percent of the shares in the company.
Below is a more detailed overview of the transactions carried out under the renewed buy-back program.
DateNumber of sharesAverage price (NOK)Total transaction value (NOK)25/08/202537,00010.4649
387,201.30
26/08/202539,60010.4250
412,830.00
27/08/202542,8009.9750
426,930.00
28/08/202548,9009.8550
481,909.50
29/08/202556,9009.8942
562,979.98
Previously announced buy-backs under the program587,38910.1677
5,972,396.29
Total buy-backs made under the program812,58910.1457
8,244,247.07
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