Otello Corporation Advances Share Buyback Program

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

Otello Corporation ASA has been actively executing its share buyback program, purchasing a total of 45,474 shares for NOK 350,965 at an average price of NOK 7.72 during the last week of May 2024. Overall, since the start of the program, the company has acquired 3,688,364 shares with a total spend of NOK 31,307,006. Otello now holds 3,688,364 treasury shares, progressing towards the maximum limit set for the buyback.

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

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