Goodtech ASA (OB:GOD) commences share repurchases on June 27, 2022, under the program mandated by the Annual General Meeting held on April 28, 2022. As per the mandate, the company is authorized to repurchase its own shares, such that it's holding in treasury does not exceed 10% of issued share capital at any time. The highest amount that can be paid per share is NOK 80 and the lowest amount is of NOK 2 per share. The shares acquired under the authority shall be used for d to carry out acquisitions where the consideration shall consist of shares in the company, to redeem smaller shareholdings in the company and for other purposes. The authority is valid until the next Annual General Meeting, but no later than June 30, 2023.

On June 24, 2022, the company announced a share repurchase program. Under the program, the company will repurchase up to 678,634 shares, for NOK 13.6 million. The program will run until September 30, 2022.

On September 30, 2022, the company announced that it has extended its plan duration till October 31, 2022.