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An announcement from Embracer Group AB ( ($SE:EMBRAC.B) ) is now available.
Embracer Group AB has announced an increase in its number of shares and votes due to the issuance of new shares related to earn-out payments, bringing the total to 228,777,965 shares. This adjustment reflects the company’s ongoing financial activities and may impact its shareholder structure and market positioning.
The most recent analyst rating on ($SE:EMBRAC.B) stock is a Hold with a SEK112.00 price target. To see the full list of analyst forecasts on Embracer Group AB stock, see the SE:EMBRAC.B Stock Forecast page.
More about Embracer Group AB
Embracer Group is a global entity involved in the creation and distribution of PC, console, and mobile games, along with other media-related ventures. The company boasts a portfolio of over 450 franchises and operates through several groups, including THQ Nordic, PLAION, and Crystal Dynamics – Eidos, with a workforce of over 7,000 across nearly 30 countries. Embracer Group is publicly traded on Nasdaq Stockholm.
Average Trading Volume: 823,622
Technical Sentiment Signal: Sell
Current Market Cap: SEK22.95B
For a thorough assessment of EMBRAC.B stock, go to TipRanks’ Stock Analysis page.