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Evolution Gaming Group AB ( (SE:EVO) ) has shared an update.
Evolution AB has repurchased 191,629 of its own shares between November 10 and November 14 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 835,038 shares acquired since October 24. The repurchases were conducted on Nasdaq Stockholm by Citibank, and the company’s total shareholding now stands at 4,452,409.
The most recent analyst rating on (SE:EVO) stock is a Buy with a SEK696.00 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, it has become a leading B2B provider with over 800 operators as customers. The company employs 21,650 people across studios in Europe, Asia, North and South America, and is headquartered in Sweden, listed on Nasdaq Stockholm.
Average Trading Volume: 571,872
Technical Sentiment Signal: Sell
Current Market Cap: SEK129.6B
For detailed information about EVO stock, go to TipRanks’ Stock Analysis page.