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Catella AB Class B ( ($SE:CAT.B) ) just unveiled an update.
Catella AB has announced a tender offer to repurchase up to SEK 600 million of its outstanding senior unsecured bonds. This move, conducted through a modified Dutch auction, aims to manage the company’s debt profile and potentially improve its financial flexibility, impacting stakeholders by possibly enhancing market confidence in Catella’s financial strategy.
The most recent analyst rating on ($SE:CAT.B) stock is a Hold with a SEK30.00 price target. To see the full list of analyst forecasts on Catella AB Class B stock, see the SE:CAT.B Stock Forecast page.
More about Catella AB Class B
Catella is a leading specialist in property investments and fund management, operating in 12 countries with approximately EUR 14 billion in assets under management. The company is listed on Nasdaq Stockholm in the Mid Cap segment.
Average Trading Volume: 35,542
Technical Sentiment Signal: Buy
Current Market Cap: SEK2.59B
Learn more about CAT.B stock on TipRanks’ Stock Analysis page.