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The latest announcement is out from Betsson AB ( ($SE:BETS.B) ).
Betsson AB has repurchased 129,400 of its own series B shares as part of a share buyback program initiated by its Board of Directors, aiming to buy back up to EUR 40 million worth of shares. This move, conducted in compliance with EU regulations, reflects Betsson’s strategic financial management and could potentially enhance shareholder value by reducing the number of outstanding shares.
The most recent analyst rating on ($SE:BETS.B) stock is a Buy with a SEK157.00 price target. To see the full list of analyst forecasts on Betsson AB stock, see the SE:BETS.B Stock Forecast page.
More about Betsson AB
Betsson AB is a prominent player in the online gaming industry, known for its ownership of fast-growing companies. It is one of the leading online gaming groups globally, with a strategic focus on achieving growth both organically and through acquisitions. The company is committed to sustainable and profitable growth and is listed on Nasdaq Stockholm Large Cap.
Average Trading Volume: 346,896
Technical Sentiment Signal: Buy
Current Market Cap: SEK19.67B
See more insights into BETS.B stock on TipRanks’ Stock Analysis page.