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Baltic Sea Properties Launches Up to NOK2.5 Million Share Buyback

MT Newswires·09/10/2026 04:54:36
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04:54 AM EDT, 09/10/2026 (MT Newswires) -- Baltic Sea Properties (BALT.OL) initiated a share buyback program worth up to 2.5 million Norwegian kroner. The Norwegian real estate company will repurchase up to 55,555 shares until Dec. 31 at between 45 kroner and 75 kroner apiece, according to a Thursday release. The buyback aims to optimize the company's capital structure by reducing the number of its shares and increasing their net asset value.