Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Portfolio
  • Forum
  • Q&A
  • About Us
    • Our Coverage
    • Team
Regulatory press release

OTEC: Otello Corporation share buyback program status

Otello
Reference is made to the stock exchange notice from 16 June 2025 announcing the
initiation of the share buyback program for Otello Corporation ASA (the
Company). From 18 August 2025 through 19 August 2025, Pareto Securities AS has
bought 97,743 shares on behalf of the Company at an average price of NOK 13.54
and a total value of NOK 1,323,562. Since the initiation of this share buyback
program a total of 5,047,130 shares at an average price of NOK 12.90 and a total
value of NOK 65,114,879 have been acquired. The maximum consideration to be paid
for shares acquired under this buyback program is NOK 15 per share and the
maximum number of shares that can be purchased under this buyback program is
5,047,130, all of which have now been purchased. At present date, Otello owns
8,198,950 treasury shares in the Company, including those purchased in the
previous share buyback program. The shares are purchased in accordance with the
authorization granted at the company's annual general meeting on 26 May 2025.
Find us on social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Get in touch
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.