SmartCraft ASA (SMCRT) - SmartCraft ASA completes share buyback program
With reference to the share buyback program announced 7 May 2024, SmartCraft ASA (”SmartCraft” or the ”Company”) (Ticker: SMCRT NO) has reached the buyback program’s maximum consideration of NOK 15 million as of 7 August 2024. Under the share buyback program the Company purchased 517,580 of its own shares in the period 7 May 2024 to 7 August 2024 at an average price of NOK 28.9810 per share for a total consideration of NOK 14,999,977.40.
From 2 August 2024 until 7 August 2024, SmartCraft has purchased a total of 1,084 own shares at an average price of 29.6910 per share.
Aggregated overview of transactions per day:
| Date | Aggregate daily volume (# of shares) | Weighted average price (NOK) | Total transaction value (NOK) |
| 02/08/2024 00:00:00 | 115 | 30.0000 | 3,450.00 |
| 05/08/2024 00:00:00 | 958 | 29.6576 | 28,412.00 |
| 06/08/2024 00:00:00 | 8 | 29.2750 | 234.20 |
| 07/08/2024 00:00:00 | 3 | 29.6000 | 88.80 |
| Previously disclosed buy-backs under the programme (aggregate) | 516,496 | 28.9795 | 14,967,792.40 |
| Total purchased under the programme | 517,580 | 28.9810 | 14,999,977.40 |
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 buy-back programme that have been carried out during the above-mentioned time period 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 SMEs in the construction sector, increasing their productivity, margins, and resource efficiency. The Group currently has more than 13 000 customers and 260 employees distributed across Norway, Sweden, Finland and UK. SmartCraft was listed on the Oslo Stock Exchange in June 2021.
