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The latest update is out from Castellum AB ( (SE:CAST) ).
Castellum Aktiebolag held an Extraordinary General Meeting where the Board of Directors was restructured with the election of five new members and the appointment of Ralf Spann as the new Chair. The company is currently facing challenges such as reduced income and increased vacancies, prompting the Board to initiate a recruitment process for a new CEO to restore profitability and shareholder value. The company emphasizes integrity and sustainability as key components of its strategy to regain financial strength.
The most recent analyst rating on (SE:CAST) stock is a Hold with a SEK125.00 price target. To see the full list of analyst forecasts on Castellum AB stock, see the SE:CAST Stock Forecast page.
More about Castellum AB
Castellum is one of the Nordic region’s largest commercial property companies, focusing on office and logistics properties in Nordic growth cities. The company holds a property value of approximately SEK 159 billion and is listed on Nasdaq Stockholm Large Cap. It is recognized for its sustainability efforts, being the only Nordic property company included in the Dow Jones Sustainability Indices.
Average Trading Volume: 2,067,930
Current Market Cap: SEK53.99B
See more insights into CAST stock on TipRanks’ Stock Analysis page.