tiprankstipranks
Trending News
More News >

Bactiguard AGM Decisions: No Dividend and Board Re-elections

Story Highlights
Bactiguard AGM Decisions: No Dividend and Board Re-elections

Don’t Miss TipRanks’ Half-Year Sale

Bactiguard Holding AB ( ($SE:BACTI.B) ) has issued an update.

At Bactiguard Holding AB’s Annual General Meeting, it was decided that no dividend will be paid for the financial year 2024, with retained earnings carried forward. The Board of Directors and CEOs were discharged from liability, and remuneration was set for the board members. Key board members, including Thomas von Koch as Chairman, were re-elected, and Deloitte AB was re-elected as auditor. The AGM also authorized the Board to issue new shares, warrants, and convertibles, which could impact the company’s financial strategy and shareholder value.

The most recent analyst rating on ($SE:BACTI.B) stock is a Hold with a SEK30.00 price target. To see the full list of analyst forecasts on Bactiguard Holding AB stock, see the SE:BACTI.B Stock Forecast page.

More about Bactiguard Holding AB

Bactiguard is a global MedTech company specializing in developing biocompatible technology to prevent infections related to medical devices. Their unique technology involves a noble metal coating that reduces bacterial adhesion and biofilm formation. The company focuses on infection prevention across five therapeutic areas: Orthopedics, Cardiology, Neurology, Urology, and Vascular Access. Bactiguard partners with leading MedTech companies to license their technology and also offers a range of wound management products. Their solutions aim to reduce patient suffering, save lives, and combat antimicrobial resistance. Bactiguard is headquartered in Stockholm, listed on Nasdaq Stockholm, and part of the Mid-Cap segment.

Average Trading Volume: 5,234

Current Market Cap: SEK1.09B

Find detailed analytics on BACTI.B stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1