On May 29th 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, 2026. 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% of the face value of the share capital of the Company. The renewed program commenced on May 29 and will remain in effect until the expiry of the authorization granted by the Annual General Meeting, and in any event no later than 30 June 2027, unless terminated earlier by the Board of Directors.
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 22 of 2026, Nekkar purchased 60,000 own shares at an average price of NOK 15.6875 per share. Of these, 45,000 shares were acquired under the previous program (terminated 28 May 2026) and 15,000 shares under the renewed program (commenced 29 May 2026). Including shares acquired under previous buy-back programs and adjusted for shares used in employee programs and acquisitions, Nekkar now holds a total of 10 676 291 own shares, corresponding to 9.938 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) |
|
25/05/2026 |
0 |
0.0000 |
0.00 |
|
26/05/2026 |
15,000 |
15.6000 |
234,000.00 |
|
27/05/2026 |
15,000 |
15.5000 |
232,500.00 |
|
28/05/2026 |
15,000 |
15.7000 |
235,500.00 |
|
29/05/2026 |
15,000 |
15.9500 |
239,250.00 |
|
Accumulated under the buyback program terminated 28/05/2026 |
5,241,572 |
11.5777 |
60,685,481.95 |
| Total buy-back made under the new program commenced 29/05/2026 |
15,000 |
15.9500 |
239,250.00 |
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, CFO, Nekkar ASA, +4740202593, mvo@nekkar.com
About Nekkar ASA
Nekkar (OSE: NKR) is an industrial long-term owner of ocean-based technology companies. The company invests in and develops technology businesses within sustainable oceans, robotics and intelligent logistics, and digital solutions. With a 50-year industrial heritage from Syncrolift, Nekkar applies an active buy-to-own strategy to build long-term value. The group supports empowered operating companies with a strong balance sheet and reinvests strategically to ensure profitability and sustainable growth. As a publicly listed company, Nekkar has a proven track record of shareholder value creation through disciplined M&A, financial management, and capital allocation.