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Otello Corporation ASA Advances Share Buyback

Otello Corporation ASA (GB:0FI5) has released an update.

Otello Corporation ASA has continued its share buyback program, purchasing 172,100 shares at an average price of NOK 8.32, amounting to a total value of NOK 1,432,207 between September 16 and September 20, 2024. Overall, since the program’s initiation, Otello has acquired 2,299,600 shares with a total spend of NOK 18,716,695. The company now holds 5,987,964 treasury shares, executing this buyback under the mandate from their annual general meeting.

For further insights into GB:0FI5 stock, check out TipRanks’ Stock Analysis page.

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