tiprankstipranks
Trending News
More News >

Evolution AB Continues Share Repurchase Program to Optimize Capital Structure

Story Highlights
  • Evolution AB continues its share repurchase program to optimize capital structure.
  • The company plans to buy back shares worth up to EUR 346 million to enhance shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Evolution AB Continues Share Repurchase Program to Optimize Capital Structure

Confident Investing Starts Here:

Evolution Gaming Group AB ( (SE:EVO) ) has issued an update.

Evolution AB (publ) has announced a continuation of its share repurchase program, authorized by the 2025 annual general meeting, to optimize its capital structure and enhance shareholder value. The company plans to repurchase shares worth up to EUR 346 million on Nasdaq Stockholm or another regulated market, following the EU Market Abuse Regulation and Safe Harbour Regulation, with the aim of reducing capital and potentially increasing the value for stakeholders.

The most recent analyst rating on (SE:EVO) stock is a Hold with a SEK1210.00 price target. To see the full list of analyst forecasts on Evolution Gaming Group AB stock, see the SE:EVO Stock Forecast page.

More about Evolution Gaming Group AB

Evolution AB (publ) develops, produces, markets, and licenses fully integrated B2B Online Casino solutions to gaming operators. Since its inception in 2006, Evolution has become a leading B2B provider with over 800 operators as customers. The company employs more than 22,200 people across Europe and North America, with its parent company based in Sweden and listed on Nasdaq Stockholm under the ticker EVO.

Average Trading Volume: 870,737

Current Market Cap: SEK139.2B

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

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App