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Evolution AB Enhances Capital Structure Through Share Repurchase

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Evolution AB Enhances Capital Structure Through Share Repurchase

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Evolution Gaming Group AB ( (SE:EVO) ) just unveiled an update.

Evolution AB has acquired 130,389 of its own shares between July 14 and July 16 as part of a repurchase program aimed at improving its capital structure and enhancing shareholder value. This program, compliant with EU regulations, allows for a maximum acquisition of 20,446,216 shares, with 1,565,481 shares acquired to date, reflecting Evolution’s strategic financial management and commitment to shareholder interests.

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. Founded in 2006, Evolution has grown into a leading B2B provider with over 800 operators as customers. The company employs more than 22,200 people across studios in Europe and North America, and is based in Sweden, listed on Nasdaq Stockholm under the ticker EVO.

Average Trading Volume: 813,754

Current Market Cap: SEK171.7B

See more data about EVO stock on TipRanks’ Stock Analysis page.

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