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AAK AB ( (SE:AAK) ) just unveiled an update.
AAK AB’s President and CEO, Johan Westman, has increased his stake in the company by acquiring an additional 9,392 shares, bringing his total holdings to 73,000 shares. This acquisition is part of the company’s incentive program, which allows for the exercise of warrants, and has been duly reported to the Swedish Financial Supervisory Authority. This move could signal confidence in the company’s future prospects and may positively influence stakeholder perception.
The most recent analyst rating on (SE:AAK) stock is a Sell with a SEK255.00 price target. To see the full list of analyst forecasts on AAK AB stock, see the SE:AAK Stock Forecast page.
More about AAK AB
AAK AB is a company specializing in plant-based oils, which are used as value-adding ingredients in various consumer products. The company focuses on making products better tasting, healthier, and more sustainable through customer co-development and flexible production assets. AAK operates with 4,000 employees across 25 regional sales offices, 15 Customer Innovation Centers, and over 19 production facilities. Headquartered in Malmö, Sweden, AAK is listed on Nasdaq Stockholm and has been in operation for more than 150 years.
YTD Price Performance: -16.24%
Average Trading Volume: 393,040
Technical Sentiment Signal: Hold
Current Market Cap: SEK67.24B
For a thorough assessment of AAK stock, go to TipRanks’ Stock Analysis page.