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East Capital Holding Redistributes Eastnine AB Shares

Story Highlights
  • East Capital Holding redistributed its Eastnine shares to shareholders, altering ownership structure.
  • Post-redistribution, Peter Elam Håkansson and Kestutis Sasnauskas control major stakes in Eastnine.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
East Capital Holding Redistributes Eastnine AB Shares

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Eastnine AB ( (SE:EAST) ) just unveiled an update.

East Capital Holding has distributed its 19,663,474 shares in Eastnine AB to its shareholders, significantly impacting the ownership structure of the company. This redistribution results in Peter Elam Håkansson and Eastnine CEO Kestutis Sasnauskas becoming the largest shareholders, solidifying their influence within the company.

More about Eastnine AB

Eastnine AB is a Swedish real estate company listed on Nasdaq Stockholm, Mid Cap, operating in the real estate sector. The company focuses on providing office spaces in rapidly growing areas of Europe.

Average Trading Volume: 100,549

Technical Sentiment Signal: Strong Buy

Current Market Cap: SEK4.69B

Find detailed analytics on EAST stock on TipRanks’ Stock Analysis page.

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