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Dustin Group Expands Share Capital Through Rights Issue

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Dustin Group Expands Share Capital Through Rights Issue

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The latest announcement is out from Dustin Group AB ( (SE:DUST) ).

Dustin Group AB has completed a fully guaranteed rights issue, increasing its total number of shares and votes by 904,950,208 to a new total of 1,362,250,312. This strategic move is expected to strengthen Dustin’s financial position and support its ongoing operations as a major IT solutions provider in the Nordics and Benelux regions.

The most recent analyst rating on (SE:DUST) stock is a Hold with a SEK2.49 price target. To see the full list of analyst forecasts on Dustin Group AB stock, see the SE:DUST Stock Forecast page.

More about Dustin Group AB

Dustin is a leading online-based IT partner in the Nordics and the Benelux, offering approximately 280,000 products and related services to companies, the public sector, and private individuals. With a strong focus on the corporate market, Dustin generated sales of approximately SEK 21.5 billion in the financial year 2024/24. The company employs around 2,300 people and has been listed on Nasdaq Stockholm since 2015, with its headquarters in Nacka Strand, Stockholm.

Average Trading Volume: 2,383,351

Current Market Cap: SEK3.25B

For an in-depth examination of DUST stock, go to TipRanks’ Overview page.

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