Transactions carried out under the buy-back program
On June 2nd 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, 2025. 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 2nd and is planned finalized within May 30th, 2026 at the latest.
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 45 of 2025, Nekkar purchased 305 506 own shares at an average price of NOK 12,4211 per share. Including shares acquired under previous buy-back programs and adjusted for shares used in employee programs and acquisitions, Nekkar now holds a total of 9 434 200 own shares, corresponding to 8,782 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) |
03.11.2025 | 75 000 | 12,0495 | 903 711,60 |
04.11.2025 | 39 506 | 11,7880 | 465 695,50 |
05.11.2025 | 79 000 | 12,6552 | 999 762,55 |
06.11.2025 | 57 000 | 12,8956 | 735 050,00 |
07.11.2025 | 55 000 | 12,5545 | 690 500,00 |
| Previously announced buy-backs under the program | 2 922 994 | 10,4149 | 30 442 599,65 |
| Total buy-backs made under the program | 3 228 500 | 10,6047 | 34 237 319,30 |
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 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.