tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Evolution AB Enhances Capital Structure with Share Buyback

Story Highlights
Evolution AB Enhances Capital Structure with Share Buyback

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

Evolution AB has repurchased 195,700 of its own shares between July 7 and July 11, 2025, as part of a board-approved program aimed at enhancing capital structure and increasing shareholder value. This buyback, conducted under EU regulations, brings Evolution’s total holding to 1,435,092 shares, with a maximum of 20,446,216 shares eligible for repurchase, reflecting the company’s strategic financial management efforts.

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. Established in 2006, the company has become a leading B2B provider with over 800 operators as customers. Headquartered in Sweden and listed on Nasdaq Stockholm, Evolution employs over 22,200 people across studios in Europe and North America.

Average Trading Volume: 786,956

Current Market Cap: SEK157.1B

For a thorough assessment of EVO stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport 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
1