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Otello Repurchases Shares Under Buyback Program

MT Newswires·08/30/2026 06:56:05
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06:56 AM EDT, 08/30/2026 (MT Newswires) -- Otello (OTEC.OL) said that Pareto Securities repurchased 56,689 shares under an ongoing buyback program, according to an Aug. 28 release. The Norwegian software group said that shares were bought back for 971,499 Norwegian kroner during the period between Aug. 24 and Aug. 28. Since launching the program in June, the company repurchased 721,082 shares for an average price of 17.21 kroner apiece or 12.4 million kroner in aggregate.