Remarkable Holding repurchased its own shares in June 2025, and founder Magnus Haug Wanberg received NOK 121 million in the transaction, according to company accounts reviewed by Shifter. Wanberg's holding fell by 160,468 shares to 29.81%. The buyback was carried out at a reported company valuation of $550 million.
The company subsequently reported falling sales and two restructuring rounds. Shifter says a component problem triggered a product recall and delayed a planned launch. Chief financial officer Mikkel Ektvedt cited tariffs and weaker consumer confidence as possible contributors to lower sales.
Remarkable also arranged an $80 million credit line with Danske Bank and redeemed an earlier bond. Its board attributed a decline in equity in 2025 mainly to weak profitability and the share buyback. The founder's share-sale proceeds and the company's financing are distinct transactions.