<div id="readability-page-1"><h3>Claim 55% Off TipRanks</h3><ul><li>Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions </li><li> Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks </li></ul>Otello Corporation ASA ( (GB:0FI5) ) has provided an update. Otello Corporation ASA is continuing its active capital management strategy in the technology and software sector, where it provides internet-based and digital advertising services to a global market. The company holds a growing portfolio of treasury shares, which it adjusts through authorized buyback programs to optimize its balance sheet and support shareholder value. The company has repurchased 71,900 shares between 11 and 15 May 2026 at an average price of NOK 19.16, bringing the total acquired under the current buyback mandate to 1,308,236 shares for NOK 24,055,396. With a cap of NOK 20 per share and room to buy up to 3,689,541 shares, Otello now holds 4,997,777 treasury shares, underscoring a sustained effort to return capital and potentially enhance earnings per share over time. More about Otello Corporation ASA Otello Corporation ASA operates in the technology and software sector, focusing on internet-based services and digital advertising solutions. The company is listed on the stock exchange and actively manages its capital structure through treasury share programs, reflecting an emphasis on shareholder-oriented financial policies. Average Trading Volume: 79,906 Current Market Cap: NOK1.37B </div>

Otello Corporation ASA has expanded its share buyback program, acquiring a total of 1,308,236 shares for NOK 24,055,396. The company now holds 4,997,777 treasury shares, with a cap of NOK 20 per share and the potential to buy up to 3,689,541 more. This move is part of Otello's strategy to optimize its balance sheet and enhance shareholder value in the technology and software sector.

Otello Expands Share Buyback as Treasury Stock Nears 5 Million