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Enea AB ( (SE:ENEA) ) has issued an announcement.
Enea AB has repurchased 12,500 of its own shares as part of a SEK 50 million share buyback program, authorized by the 2024 Annual General Meeting. This initiative aims to adjust the company’s capital structure to enhance shareholder value, with plans to withdraw the repurchased shares at future meetings. The buyback is conducted under EU regulations, reflecting Enea’s strategic financial management and commitment to shareholder interests.
The most recent analyst rating on (SE:ENEA) stock is a Hold with a SEK80.00 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 provides solutions that connect, optimize, and protect communications for over 160 service providers across more than 100 countries, impacting over 3 billion people daily. Headquartered in Stockholm, Sweden, Enea is listed on NASDAQ Stockholm.
Average Trading Volume: 34,997
Technical Sentiment Signal: Sell
Current Market Cap: SEK1.63B
Learn more about ENEA stock on TipRanks’ Stock Analysis page.