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Enea AB ( (SE:ENEA) ) just unveiled an announcement.
Enea AB has repurchased 12,352 of its own shares as part of a buyback program aimed at optimizing its capital structure to enhance shareholder value. This initiative is part of a broader SEK 50 million share buyback program, adhering to EU regulations, and is expected to impact the company’s financial strategy positively.
The most recent analyst rating on (SE:ENEA) stock is a Hold with a SEK74.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.
More about Enea AB
Enea is a global specialist in advanced telecom and cybersecurity software, focusing on making communications safer and more efficient. The company serves over 170 communication service providers in more than 100 countries, impacting over 3 billion people worldwide. Headquartered in Stockholm, Sweden, Enea is publicly listed on NASDAQ Stockholm.
Average Trading Volume: 24,615
Technical Sentiment Signal: Sell
Current Market Cap: SEK1.43B
For a thorough assessment of ENEA stock, go to TipRanks’ Stock Analysis page.