SmartCraft ASA (SMCRT) - Transactions carried out under the share buy-back program

SmartCraft ASA (SMCRT) said its ongoing buy-back programme (announced 27 Aug 2025; running until the day before the 2026 AGM, maximum consideration NOK 35.0m) purchased 104,166 shares between 4–12 Dec 2025 at an average price of NOK 24.7795, bringing total repurchases under the programme to 832,445 shares at an average price of NOK 24.5757 for a cumulative NOK 20,457,913.62. The disclosure, made under EU Market Abuse Regulation and Norwegian Securities Trading Act requirements, shows the company has used roughly NOK 20.46m of the NOK 35.0m authorization (leaving headroom for further repurchases) and signals continued shareholder-return activity by SmartCraft, a leading Nordic mission-critical SaaS provider to construction SMEs with about 14,100 customers and 270 employees.

Analysis

SmartCraft ASA announced that between 4 and 12 December 2025 it repurchased 104,166 shares at an average price of NOK 24.7795, bringing total purchases under the buy-back programme to 832,445 shares at an average price of NOK 24.5757 for a cumulative NOK 20,457,913.62. The programme was authorised on 27 August 2025 with a maximum consideration of NOK 35,000,000 and therefore retains approximately NOK 14,542,086.38 of headroom (about 41.5% of the mandate) until the day before the 2026 AGM.

The company published the disclosure under Article 5 of the EU Market Abuse Regulation and Section 5-12 of the Norwegian Securities Trading Act, consistent with orderly communication of repurchases; market signals attached to the release show a mildly positive tone (sentiment score 0.3). The consistent daily executions (detailed volumes and weighted prices) and the sizeable cumulative buyback indicate active capital-return policy that can support the share price and signal management confidence in the business.

SmartCraft’s buyback should modestly reduce share count and, all else equal, be accretive to per-share metrics, but further impact depends on continued use of the remaining NOK 14.54m and on the company’s broader capital-allocation choices. Investors should monitor subsequent disclosures, remaining programme uptake, and the timing of the 2026 AGM as triggers for additional repurchases or changes to the programme.

Key Decisions for Investors

• Monitor further buy-back disclosures and the pace of utilisation of the remaining ~NOK 14.54m headroom, since additional purchases would be a near-term positive catalyst
• If considering entry, evaluate the current share price relative to the company’s average buy price (~NOK 24.58) because recent repurchases provide a de facto support level
• Watch for company commentary ahead of the 2026 AGM on capital allocation priorities and any changes to the buy-back mandate, and adjust position sizing if repurchase activity slows or stops