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Betsson AB ( ($SE:BETS.B) ) just unveiled an announcement.
Betsson AB has announced a share buyback program worth EUR 40 million, authorized by its 2025 Annual General Meeting, to optimize its capital structure. The buyback will be conducted on Nasdaq Stockholm under EU regulations, with Arctic Securities AS managing the process. This strategic move aims to enhance shareholder value and reflects Betsson’s proactive approach to financial management.
The most recent analyst rating on ($SE:BETS.B) stock is a Buy with a SEK179.00 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 being one of the leading online gaming groups globally. The company focuses on achieving growth that surpasses market rates, both organically and through acquisitions, with a commitment to profitability and sustainability. Betsson AB is publicly traded on Nasdaq Stockholm Large Cap.
Average Trading Volume: 319,940
Technical Sentiment Signal: Buy
Current Market Cap: SEK20.46B
See more insights into BETS.B stock on TipRanks’ Stock Analysis page.