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Evolution Gaming Group AB ( (SE:EVO) ) has provided an update.
Evolution AB has acquired 124,500 of its own shares as part of a repurchase program aimed at improving its capital structure and enhancing shareholder value. This program, in compliance with EU regulations, allows for a maximum acquisition of 20,446,216 shares, with Citibank managing the purchases independently on Nasdaq Stockholm.
The most recent analyst rating on (SE:EVO) stock is a Buy with a SEK996.00 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, it has become a leading B2B provider with over 800 operators as customers and employs more than 22,200 people across Europe and North America. The company is based in Sweden, listed on Nasdaq Stockholm, and is licensed by the Malta Gaming Authority and other jurisdictions.
Average Trading Volume: 664,173
Technical Sentiment Signal: Buy
Current Market Cap: SEK175.8B
For detailed information about EVO stock, go to TipRanks’ Stock Analysis page.