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The latest announcement is out from BE Group AB ( (SE:BEGR) ).
BE Group AB has increased its share capital by SEK 129,832,047 through a Rights Issue, raising the total number of shares and votes to 19,501,726. This strategic move, approved by the extraordinary shareholders’ meeting, is aimed at strengthening the company’s financial position and enhancing its market presence.
The most recent analyst rating on (SE:BEGR) stock is a Hold with a SEK26.00 price target. To see the full list of analyst forecasts on BE Group AB stock, see the SE:BEGR Stock Forecast page.
More about BE Group AB
BE Group AB (publ), listed on the Nasdaq Stockholm exchange, is a leading independent steel distributor that stores and processes steel, stainless steel, and aluminium for customers primarily in the construction and manufacturing industries. The company offers production services for customized steel components and reported sales of SEK 4.7 billion in 2024. With approximately 560 employees, its largest markets are Sweden and Finland, and its headquarters is located in Malmö, Sweden.
Average Trading Volume: 11,810
Technical Sentiment Signal: Sell
Current Market Cap: SEK506.3M
For detailed information about BEGR stock, go to TipRanks’ Stock Analysis page.