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Bergman & Beving AB Class B ( ($SE:BERG.B) ) has shared an update.
Bergman & Beving AB has repurchased 200,000 of its own Class B shares at an average price of SEK 318.00 per share, as authorized by its Annual General Meeting. This move increases the total number of treasury shares to 800,743, out of a total of 27,436,416 shares, with 26,635,673 shares outstanding. The repurchase may impact the company’s stock liquidity and shareholder value, reflecting a strategic decision to manage its capital structure.
The most recent analyst rating on ($SE:BERG.B) stock is a Hold with a SEK324.00 price target. To see the full list of analyst forecasts on Bergman & Beving AB Class B stock, see the SE:BERG.B Stock Forecast page.
More about Bergman & Beving AB Class B
Bergman & Beving, founded in 1906, is a Swedish listed group that acquires and develops leading companies with a long-term ownership perspective. The group operates through autonomous companies in industrial and construction niches, providing value-adding solutions. With a decentralized management model, Bergman & Beving has fostered growth, profitability, and sustainable development for over a century. The company is listed on Nasdaq Stockholm, employs approximately 1,400 people, and generates a turnover of about SEK 5 billion through its 35 companies in over 25 countries.
Average Trading Volume: 21,421
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK8.42B
See more insights into BERG.B stock on TipRanks’ Stock Analysis page.