SmartCraft ASA (SMCRT) - SmartCraft ASA completes share buyback program
With reference to the share buyback program announced 28 April 2023, SmartCraft ASA (“SmartCraft” or the “Company”) (Ticker: SMCRT NO), has now completed the share buyback program as the announced duration of the program has been reached.
Under the share buyback program the Company purchased 1,952,324 of its own shares in the period 28 April 2023 to 30 April 2024 at an average price of NOK 21.5970 per share for a total consideration of NOK 42,164,245.51.
No shares have been purchased since the previous announcement about the share buyback program, dated 23 April 2024.
This information is published in accordance with the requirements in article 5 of the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Appendix: A detailed overview of all transactions made under the buyback program that have been carried out during the period of the buyback program is attached to this report.
CONTACTS
Kjartan Bø, CFO, +47 410 27 000, [email protected]
ABOUT SMARTCRAFT ASA
SmartCraft is the leading Nordic provider of mission-critical SaaS solutions to SME's in the construction sector. The company's business model is highly scalable, based on 97% recurring revenue and low churn. The construction sector is among the least digitalized industries and represents a NOK 10bn software market in the Nordics, growing at a double-digit rate. SmartCraft's solutions help customers to increase their productivity, margins, and resource efficiency.
