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The latest announcement is out from Catella AB Class B ( ($SE:CAT.B) ).
Catella AB announced the conversion of 1,212 Class A shares into Class B shares, reducing the total number of votes in the company to 97,706,340. This conversion is part of Catella’s regular share management process, reflecting its commitment to transparency and compliance with the Financial Instruments Trading Act.
The most recent analyst rating on ($SE:CAT.B) stock is a Hold with a SEK32.00 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, with operations in 12 countries and over EUR 14 billion in assets under management. The company is listed on Nasdaq Stockholm in the Mid Cap segment.
Average Trading Volume: 48,750
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK2.75B
For a thorough assessment of CAT.B stock, go to TipRanks’ Stock Analysis page.