SmartCraft relaunches share buy-back program
SmartCraft has re-initiated a share buy-back program, authorized by its annual general meeting on May 2, 2025. The program, commencing August 27, 2025, allows for a maximum consideration of NOK 35 million and will run until the day before the 2026 annual general meeting or until the maximum consideration is reached. Shares will be repurchased at market price on the Oslo Stock Exchange.
The primary purposes of the buy-back are to acquire treasury shares for potential future settlement of the company's long-term management investment program for executive management and key employees, and to optimize the company's capital structure. DNB Carnegie will manage the program, making independent trading decisions.
SmartCraft will report its purchases every seventh trading day. Transactions will adhere to the Market Abuse Regulation (EU) No 596/2014, the Safe Harbour Regulation, and Euronext Oslo Børs' Guidelines for buyback programmes.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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