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Betsson AB ( ($SE:BETS.B) ) has provided an update.
Betsson AB announced the repurchase of 125,000 series B shares as part of its ongoing share buyback program, which aims to repurchase shares up to EUR 40 million by April 2026. This strategic move is expected to enhance shareholder value and reflects Betsson’s commitment to maintaining a strong market position and financial health.
The most recent analyst rating on ($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, recognized as one of the leading online gaming groups globally. The company aims to outpace market growth through both organic expansion and acquisitions, focusing on profitable and sustainable development. Betsson AB is publicly traded on Nasdaq Stockholm Large Cap.
Average Trading Volume: 351,833
Technical Sentiment Signal: Buy
Current Market Cap: SEK20.14B
For a thorough assessment of BETS.B stock, go to TipRanks’ Stock Analysis page.