Transactions carried out under the buy-back program
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 15 of 2025, Nekkar purchased 1,231,130 own shares at an average price of NOK 10,6776 per share. Following this, Nekkar holds a total of 5,759,419 own shares, corresponding to 5.361 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) |
07/04/2025 | 25,300 | 10.1111 | 255,810.83 |
| 08/04/2025 | 28,000 | 10.4969 | 293,913.20 |
| 09/04/2025 | 16,000 | 10.4740 | 167,600.00 |
| 10/04/2025 | 17,000 | 11.0945 | 188,606.50 |
| 11/04/2025 | 29,000 | 11.2138 | 325,200.20 |
| Previously announced buy-backs under the program | 5,060,048 | 10.2050 | 51,637,992.27 |
| Total buy-back made under the program | 5,175,348 | 10.2156 | 52,869,123.00 |
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, Head of finance, Nekkar ASA, +4740202593, mvo@nekkar.com
About Nekkar ASA
Nekkar (OSE: NKR) is an industrial company builder focused on ocean-based technology. The company invests in and develops technology businesses within sustainable oceans, robotics & 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.